Average US Debt Payments Up $350 Per Month Since 2020, Now Total $1,583
- Average monthly debt payments have increased by $350 since 2020, now totaling $1,583
- Mortgages make up the largest debt payment ($1,855 monthly average)
- Average monthly car payments are $690
- Personal loans have the third-highest monthly payment at $517
- Credit card minimum payments average $272, but most pay more than the minimum