3. Debt safety ratio - How much credit can you stand? To maintain financial stability, people should know how much credit they can comfortably tolerate. The debt safety ratio is a computation that defines one's monthly loan repayment burden. It compares loan obligations Income. The formula for the debt safety ratio is: Debt Safety Ratio - Debt Safety Ratio Latasha wants to determine her current debt safety ratio. Her monthly take home pay is $4,500. She compiled the following monthly loan payment Information: Type of Loan Payment Amount Auto $630 Student 90 Credit cards 180 House mortgage 1,700 Total $2,600 The total monthly loan payments figure Latasha will use when computing her debt safety ratio is $ and include her house mortgage Latasha's debt safety ratio is % and considered Latasha's debt safety ratio changed to 15%. Her take-home pay must have or her monthly loan payments must have v. Lenders may now be willing to give her a loan than they were before this change. How can periodically computing one's debt safety ratio be useful? Check all that apply. It can influence decisions whether to return to school, if a loan will be needed to pay for it. It can influence decisions about looking for a higher- or lower-paying job. It can serve as an early warning system approaching financial trouble, providing time to take preventive measures