Cho 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 $$315$

Student $45$

Credit cards $90$

House mortgage $1,400$

Total $$1,850$

The total monthly loan payments figure Cho will use when computing her debt safety ratio is $ and include her house mortgage.

Cho$$s debt safety ratio is $\%$ and considered $.$

Cho$$s debt safety ratio changed to $5\%.$ Her take$-$home pay must have or her monthly loan payments must have $.$ 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 of approaching financial trouble, providing time to take preventive measures.