Calculate the debt ratio based on the following information (keep two decimal places). My current annual take-home pay is $148000. There are $11000 in my checking account. I am also holding a life insurance policy that has a cash value of $8000. I have a pension plan sponsored by my employer with a current value of $18000. I purchased my own home three years ago for $340000 with a mortgage loan. Now, the balance of the mortgage is $244000 and the market value of my house is $300000. I also have $4000 just invested in a mutual fund. I bought a car two years ago for $22000 with an automobile loan. I still need to pay $13000 to finish the automobile loan and I can sell the car for $20000. My credit card now has a balance of $7000. I also have a college loan of $33000 to pay off.