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Financial guide

GDS and TDS ratios: the key to approval

Before you even tour homes, banks look at these two ratios. Understanding them helps you strengthen your mortgage application in Canada.

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GDS — Gross Debt Service

GDS (ABD in French — Abondement brut de la dette) is the percentage of your gross income needed to cover housing costs only.

GDS = (Mortgage + Property tax + Heat + 50% condo fees) ÷ Gross annual income
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TDS — Total Debt Service

TDS (ATD in French) is broader. It includes your housing costs plus all other debts: car, cards, lines of credit, student loans.

TDS = (GDS costs + Car + Cards + Lines + Other) ÷ Gross annual income

The key limits

For a typical approval in Canada (with or without mortgage default insurance), lenders usually work within these ranges.

GDS ratioMax 32% — 39%

32% if credit score < 680 · 39% if score 680+

TDS ratioMax 40% — 44%

40% if credit score < 680 · 44% if score 680+

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Concrete example

Gross annual income: $80,000
Gross monthly income: $6,667

GDS max (39%)$2,600/mo housing
TDS max (44%)$2,933/mo total debt

What counts in TDS?

Many buyers forget these items — they can weigh heavily in the calculation.

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Car loans

The full monthly payment is used, not the balance.

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Credit cards

Often calculated as 3% of the balance — even if you pay in full each month.

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Lines of credit

Some unused lines are still factored in.

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Student loans

The required minimum monthly payment is included.

Improve your ratios before you apply

01

Pay down balances

Prioritize small credit card balances. That reduces the notional 3% monthly payment that inflates TDS.

02

Avoid new purchases

Do not finance a car or furniture before your mortgage closes at the lawyer or notary.

03

Larger down payment

A bigger down payment reduces the loan amount and mortgage payment — directly improving GDS.

Calculate your ratios now

Use our interactive calculator to estimate your GDS and TDS in real time.

Open the calculator →