2.Calculating debt safety ratio Use Worksheet 7.1. Every 6 months, Larry Sun takes an inventory of the consumer debts he has outstanding. His latest tally shows that he still owes $3,750 on a home improvement loan (monthly payments of $250); he is making $75 monthly payments on a personal loan with a remaining balance of $625; he has a $2,250, secured single-payment loan that's due late next year; he has a $65,000 home mortgage on which he's making $850 monthly payments; he still owes $6,600 on a new car loan (monthly payments of $400); and he has a $1,240 balance on his MasterCard (minimum payment of $30), a $50 balance on his Exxon credit card (balance due in 30 days), and a $1,400 balance on a personal line of credit ($60 monthly payments). 2.Calculating debt safety ratio Use Worksheet 7.1. Every 6 months, Larry Sun takes an inventory of the consumer debts he has outstanding. His latest tally shows that he still owes $3,750 on a home improvement loan (monthly payments of $250); he is making $75 monthly payments on a personal loan with a remaining balance of $625; he has a $2,250, secured single-payment loan that's due late next year; he has a $65,000 home mortgage on which he's making $850 monthly payments; he still owes $6,600 on a new car loan (monthly payments of $400); and he has a $1,240 balance on his MasterCard (minimum payment of $30), a $50 balance on his Exxon credit card (balance due in 30 days), and a $1,400 balance on a personal line of credit ($60 monthly payments)