Makayla takes home $4400 per month from her job as a physical therapist. If her only debt obligations are a car loan payment of $530 and a mortgage payment of $760 every month, is she in danger of credit overload?
Total debt obligation is
So available money for other things is
At this stage she is not going to experience credit overload.
In real life this can not be answered with confidence as it all depends on what I will call the general running expenses.
Food, travel, clothing, whatever the American equivalent of monthly house tax (in England it is called council tax), heating, power demand for cooking etc and so on.