The bigger question is , how much do you spend on living ?
I am very surprised that most people I talk to actually don't know how much they spend every week . If you don't know how much your living costs are , then it is very difficult to decide on what a good debt level is .
It also depends on what you're trying to achieve . If it's simply a roof over over your head as opposed to a lifestyle property , then I think the answers could be quite different.
E.g. Scotty B has posted that at this point in his life , he has priorities such as quality education for his kids . If he was borrowing money , obviously his comfortable debt level would be lower than someone with different priorities .
