Tuesday, October 16, 2018
Supporting Men > Uncategorized > $6 million dollars in home loan interest every 4 hours @BNZ

$6 million dollars in home loan interest every 4 hours @BNZ

Amount of debt held by families ( Families COmmission

In terms of the amount or total value of debt, however, the proportions are quite different, as illustrated in Figure 4.

For single families, the total amount of debt owed is $21,371 million, of which 69 percent represents mortgage debt, 12 percent represents student loan debt, seven percent represents loans and credit card debt and 13 percent represents other types of debt.For couple families, the total amount of debt owed is $71,032 million, of which 82 percent represents mortgage debt, two percent represents student loan debt, six percent represents loans and credit card debt and 10 percent represents other types of debt.