Current indicators from Federal Reserve data, calculators for the arithmetic behind lending decisions, and releases straight from the agencies that publish them.
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Housing ratio and total debt ratio from gross monthly income.
28% front-end and 36% back-end are long-standing conventional underwriting guidelines. Many programs allow materially higher back-end ratios, and limits vary by product, credit profile, and investor overlay.
Available equity at a target combined loan-to-value.
Available credit is the target CLTV applied to value, less the existing balance. Common CLTV ceilings run 80–90% depending on lender, occupancy, and credit tier.
Amortizing payment, total interest, and the full schedule.
| Month | Payment | Interest | Principal | Balance |
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The share of balances 90+ days past due on credit reports rose from 7.6% in Q3 2022 to 12.8% in Q1 2026. Over roughly the same period, the flow rate — balances newly entering serious delinquency each quarter — stayed close to flat, at 6.97% for credit cards in Q2 2026. The first is a standing stock that includes old accounts; the second measures current payment behavior.
A charge-off leaves the lender's balance sheet but stays on the borrower's file, where a derogatory item can remain seven years from the date of first delinquency. Reporting has also become more persistent: about 40% of charged-off debts were still reported one year later between 2004 and 2012, against roughly 80% by 2024. Around 23 million people carry a charged-off card balance on file.
Mortgaged homeowners held roughly $17.9 trillion in equity in Q2 2026, averaging about $310,000, with 2.1% of mortgages underwater and an average loan-to-value near 44%. Around $11.5 trillion is tappable. New closed-end seconds and HELOCs totaled $93.7 billion that quarter — up 19.8% from the prior quarter, and still well under 1% of available equity.
Total household debt stood at $18.8 trillion, down 0.1% on the quarter. Mortgages accounted for $13.1 trillion, auto loans $1.71 trillion, credit cards $1.26 trillion, and HELOCs $459 billion. Transition rates into serious delinquency were 1.52% for mortgages, 3.00% for autos, 6.97% for credit cards, and 1.15% for HELOCs.
Federal Reserve Bank of New York, Household Debt and Credit, Q2 2026