# What is your debt load right now? **URL:** \ **Category:** In My Humble Opinion\ **Created:** [December 8, 2009, 11:59pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534 "2009-12-08T23:59:48Z")\ **Posts on this page:** 17\ **Page:** 4
**Author:** ![sleeping](https://avatars.discourse-cdn.com/v4/letter/s/839c29/32.png) [@sleeping](https://boards.straightdope.com/u/sleeping)\ **Post date:** [December 10, 2009, 4:30am UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/61 "2009-12-10T04:30:04Z")
~$35K in student loans left. Negligible savings, but I’m ahead of my monthly payments. And I’m going back to school, so I’ll soon have a much larger debt, but also much better pay. ---
**Author:** ![Magiver](https://avatars.discourse-cdn.com/v4/letter/m/4491bb/32.png) [@Magiver](https://boards.straightdope.com/u/Magiver)\ **Post date:** [December 10, 2009, 5:15am UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/62 "2009-12-10T05:15:12Z")
Zero debt. House, car and partnership in a plane paid for. Unemployment has taken a toll on my bank account. ---
**Author:** ![Plan\_B](https://avatars.discourse-cdn.com/v4/letter/p/3ec8ea/32.png) [@Plan\_B](https://boards.straightdope.com/u/Plan_B)\ **Post date:** [December 10, 2009, 6:20am UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/63 "2009-12-10T06:20:21Z")
No debt. I have a mortgage, but I have much more in savings. I could pay off the mortgage by writing a check if I wanted to. The only other debt I ever had was student loans, paid them off in 10 years. ---
**Author:** ![tumbleddown](https://avatars.discourse-cdn.com/v4/letter/t/e9bcb4/32.png) [@tumbleddown](https://boards.straightdope.com/u/tumbleddown)\ **Post date:** [December 10, 2009, 7:18am UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/64 "2009-12-10T07:18:21Z")
No consumer debt (credit cards, purchases on time, etc.). No car loan. No credit cards. No mortgage. No educational debt. $72,582.23 in medical debt. ---
**Author:** ![Peg\_Leg](https://avatars.discourse-cdn.com/v4/letter/p/90db22/32.png) [@Peg\_Leg](https://boards.straightdope.com/u/Peg_Leg)\ **Post date:** [December 10, 2009, 11:39am UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/65 "2009-12-10T11:39:00Z")
I have ~30k in Student Loans I have $3k in bank, $8k in safe, and about $15k in 401k. ---
**Author:** ![control-z](https://avatars.discourse-cdn.com/v4/letter/c/eada6e/32.png) [@control-z](https://boards.straightdope.com/u/control-z)\ **Post date:** [December 10, 2009, 4:01pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/66 "2009-12-10T16:01:44Z")
House: About $170,000 @ 5% Car: About $11,000 Two credit cards: About $3300 (I’m fixing that, using nothing but Debit now) Riding mower: $900 left at 0% So about $185,200. I’ll have no problem paying for all that as long as my company stays afloat. ---
**Author:** ![Cat\_Whisperer](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cat_whisperer/32/4839_2.png) [@Cat\_Whisperer](https://boards.straightdope.com/u/Cat_Whisperer)\ **Post date:** [December 10, 2009, 7:51pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/67 "2009-12-10T19:51:46Z")
> [@Dangerosa](#): > > A home equity loan or a line of credit against your house is secured by your house. They can go after it. That’s why you usually get a better interest rate than with an unsecured loan. And why you can write off the interest on your taxes. Yeah, ours is not secured against our house - I wouldn’t lose a $330,000 house for a $15,000 loan. ---
**Author:** ![Chefguy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/chefguy/32/138_2.png) [@Chefguy](https://boards.straightdope.com/u/Chefguy)\ **Post date:** [December 10, 2009, 7:54pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/68 "2009-12-10T19:54:00Z")
Zero. We have recurring costs for utilities, etc., but no accruing interest debt. ---
**Author:** ![PunditLisa](https://avatars.discourse-cdn.com/v4/letter/p/4af34b/32.png) [@PunditLisa](https://boards.straightdope.com/u/PunditLisa)\ **Post date:** [December 10, 2009, 8:25pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/69 "2009-12-10T20:25:02Z")
We have enough saved to pay off what remains on our mortgage x 5. That’s the only debt we carry except for a 6 months same as cash deal from Home Depot for our new bamboo flooring, which we’ll pay off before the interest kicks in. Unfortunately, TeenPundit starts college next fall so we’ll be taking on some more debt in the near future. ---
**Author:** ![BigNik](https://avatars.discourse-cdn.com/v4/letter/b/73ab20/32.png) [@BigNik](https://boards.straightdope.com/u/BigNik)\ **Post date:** [December 10, 2009, 9:22pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/70 "2009-12-10T21:22:02Z")
Calculating at the current exchange rate to USD… USD 467,811 in mortgage USD 2,971 in unpaid uni fees that were due yesterday No credit card, overdraft or personal loans. ---
**Author:** ![pendgwen](https://avatars.discourse-cdn.com/v4/letter/p/3da27b/32.png) [@pendgwen](https://boards.straightdope.com/u/pendgwen)\ **Post date:** [December 10, 2009, 9:34pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/71 "2009-12-10T21:34:52Z")
$180,000 in student loans $2900 owed to a friend $2000 on credit cards I moved cross country 5 months ago and I’m still paying off the associated expenses. So I’m carrying credit card debt for the first time ever and it’s driving me nuts. ---
**Author:** ![GargoyleWB](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gargoylewb/32/199_2.png) [@GargoyleWB](https://boards.straightdope.com/u/GargoyleWB)\ **Post date:** [December 11, 2009, 1:07am UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/72 "2009-12-11T01:07:12Z")
200k on mortgage (no problem with that, love my home) 25k on credit cards (hate that, Mrs G can’t work for health reasons and the debt has been trickling larger as big bills surprise us) ☹ ---
**Author:** ![Unintentionally\_Blank](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/unintentionally_blank/32/5418_2.png) [@Unintentionally\_Blank](https://boards.straightdope.com/u/Unintentionally_Blank)\ **Post date:** [December 11, 2009, 1:14am UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/73 "2009-12-11T01:14:57Z")
Came back to add my load’s a little higher now that they’ve raised our utility rates 15%…electricity’s about $100 more this year. “We HAD to do it, our upstream providers raised THEIR rates!” Like that makes it better? You’re just pushing the blame upstream. (That’s an unintentional hydro-electric pun, there.) ---
**Author:** ![alexandra](https://avatars.discourse-cdn.com/v4/letter/a/e68b1a/32.png) [@alexandra](https://boards.straightdope.com/u/alexandra)\ **Post date:** [December 11, 2009, 10:00pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/74 "2009-12-11T22:00:48Z")
£15k (approx) student loans. I never think about it or worry about it as a tiny amount is taken off my paycheck each month; plus if I earn less, I pay less, and if I earn nothing, I pay nothing. I was very happy to pay off all my bank debts. ---
**Author:** ![ZPG\_Zealot](https://avatars.discourse-cdn.com/v4/letter/z/e47c2d/32.png) [@ZPG\_Zealot](https://boards.straightdope.com/u/ZPG_Zealot)\ **Post date:** [December 11, 2009, 10:41pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/75 "2009-12-11T22:41:12Z")
I owe my husband a backrub and that’s it. No mortgage, no car payments, no credit card bills. Yeah! It’s a wonderful feeling. ---
**Author:** ![StoutHearted](https://avatars.discourse-cdn.com/v4/letter/s/2bfe46/32.png) [@StoutHearted](https://boards.straightdope.com/u/StoutHearted)\ **Post date:** [December 12, 2009, 12:30am UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/76 "2009-12-12T00:30:39Z")
A little over ten thou for student loans. No credit cards, no car, and I rent, so those student loans are the only thing hanging over my head. Some days it feels like they’ll never be paid off. ---
**Author:** ![PunditLisa](https://avatars.discourse-cdn.com/v4/letter/p/4af34b/32.png) [@PunditLisa](https://boards.straightdope.com/u/PunditLisa)\ **Post date:** [December 13, 2009, 1:10pm UTC](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534/77 "2009-12-13T13:10:26Z")
> [@ZPG\_Zealot](#): > > I owe my husband a backrub and that’s it. No mortgage, no car payments, no credit card bills. Yeah! It’s a wonderful feeling. Honey, let me clue you in. Those backrubs are never just backrubs. 😉 [Previous page](https://boards.straightdope.com/t/what-is-your-debt-load-right-now/520534.md?page=3)