STATISTICS

wallet, credit cards, cash
  • Average mortgage-$184,417
  • Average auto Loan-$28,032
  • Average student loan-$47,671
  • Average credit card balance-$6,929
  • Average credit card holder has 3 credit cards.
The higher the income the higher the debt load

$160,000 or more-$11,200 average debt

$115,000 to $159,999-$8,300 average debt

$70,000-$114,499-$5,800 average debt

$5,000-$69,999-$4,900 average debt

 
 
 
 
 
 
 
 
 
worried, paying, bills
  • The average loan amount on a new mortgage-$309,200
  • The average homeowner pays $1494 per month on their mortgage
  • FHA loans for first time home buyers averaged $190,000
  • Time reports that 40 million Americans have student loans
  • 28 % of them have defaulted on their student loans
  • credit card delinquencies increased 2.74% in 2016
  • Auto loan delinquency increase .87%
  • From 2009-2011 there were 7.6 million home forclosures
Verified by MonsterInsights