Exactly how much debt do you have including house and cars??? (charge, mortgage)

[Hobokenkitchen]

No debt here either for the time being. Credit cards paid off each month, car owned outright.
When we buy a house we'll probably take a $200,000 - $400,000 loan unless we find something we like enough that we can afford to pay cash for. It's not looking like that at the minute, but who knows what home prices will do now.

[Submariner]

Originally Posted by Hobokenkitchen

No debt here either for the time being. Credit cards paid off each month, car owned outright.
When we buy a house we'll probably take a $200,000 - $400,000 loan unless we find something we like enough that we can afford to pay cash for. It's not looking like that at the minute, but who knows what home prices will do now.

It is conceivable that you just buy a $40k house.

They do exist.

[Oildog]

Pay credit cards every month, Just 140k on the house and 18k on a car I bought new this year. A new car is my only 'luxury' purchase (an Accord) and I could have paid cash, but will pay it off in a year. Was using the extra cash to buy stocks as the market was going down. Im in early 40s...put self through engineer school and paid off loans and credit cards when I was 30.

[Shuffler]

Just under 70k on my mortgage. No other debt.

However, if and when I move I will have more debt and a big mortgage.

[LynnKK]

So who did he banks loan money to in order to get in this much trouble? From this small survey, can it be deduced that most Americans are paying their bills and staying pretty much debt-free? I think so.

[Hobokenkitchen]

Originally Posted by forest beekeeper

It is conceivable that you just buy a $40k house.

They do exist.

Not one that I would want to live in.

[ArizonaBear]

$30K -/+ in credit card and one sig loan debt but no home or vehicle notes.

[Submariner]

Originally Posted by Hobokenkitchen

Not one that I would want to live in.

I went to a housewarming party this past weekend.

A 2bdrm home about 480 sq ft, with a 2 car garage, on 4 acres of land [a big lawn really].

I nice small place.

That is about what they paid for it.

[texdav]

Not what i want in a house either;way too small. I also don't want that much lands to keepup as I grow older.

[TKramar]

TinyHouses