Meadbh
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 22, 2006
- Messages
- 11,401
In the thread about percentage of assets in home equity, someone brought up the valid point that the data ignored debt. So here is a poll to address this question.
The number I am looking for is:
Feel free to elaborate below. I'll start. My debt ratio is currently 3.175%, and consists of three mortgages on rental properties. (I just paid my credit card bill).
The number I am looking for is:
The sum total of ALL your debt (including mortgages)
Divided by....
The sum total of ALL your assets (including your home)
Multiplied by 100, to give a percentage.
Divided by....
The sum total of ALL your assets (including your home)
Multiplied by 100, to give a percentage.
Feel free to elaborate below. I'll start. My debt ratio is currently 3.175%, and consists of three mortgages on rental properties. (I just paid my credit card bill).