Do I have too much debt?

See how much of your monthly take-home pay goes to mortgage and consumer debt, and what's left over.

Assumptions

Monthly after-tax income ?

Your take-home pay each month, after taxes and deductions.

Monthly mortgage payments ?

Your total monthly housing payment, including principal, interest, taxes, and insurance if escrowed.

Total outstanding balance on consumer debt ?

Combined balance on credit cards, auto loans, personal loans, and similar consumer debt.

Enter your values and select Calculate.

How much debt is too much? Use this debt calculator to help gauge your total debt level and what steps might need to be taken to improve your situation. Remember, there are many factors to consider when calculating debt, but the following three factors will help you start to understand if your debt is manageable.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.