Americans owed $18.77 trillion in household debt at the end of June 2026, according to the New York Fed. That was $13.5 billion less than the $18.78 trillion in the first quarter and $383 billion more than a year earlier.
Mortgages are most of it: $13.12 trillion, or 69.9% of the total. Mortgage balances fell $74 billion from the first quarter. Home equity lines rose $12.5 billion, auto loans $28 billion and credit cards $21 billion. Student loans fell $7 billion.
The New York Fed notes that the 2026 Q2 report revised the first-quarter credit card balance. The figures here are the revised ones. Changes between quarters are our subtraction.
Household debt by type
| Quarter | Mortgage | Home equity revolving | Auto loan | Credit card | Student loan | Other | Total |
|---|---|---|---|---|---|---|---|
| Q1 2003 | $4.942 trillion | $242.0 billion | $641.0 billion | $688.0 billion | $240.7 billion | $477.6 billion | $7.231 trillion |
| Q4 2019 | $9.557 trillion | $390.0 billion | $1.331 trillion | $927.0 billion | $1.508 trillion | $432.0 billion | $14.145 trillion |
| Q2 2025 | $12.935 trillion | $411.0 billion | $1.655 trillion | $1.209 trillion | $1.638 trillion | $540.0 billion | $18.388 trillion |
| Q1 2026 | $13.191 trillion | $446.0 billion | $1.685 trillion | $1.242 trillion | $1.658 trillion | $562.0 billion | $18.784 trillion |
| Q2 2026 | $13.117 trillion | $458.5 billion | $1.713 trillion | $1.263 trillion | $1.651 trillion | $568.0 billion | $18.771 trillion |
The CSV has every quarter from Q1 2003 to Q2 2026, in trillions of dollars.
What this counts
These are balances on consumer credit reports in the New York Fed Consumer Credit Panel, a sample drawn from Equifax files. "Other" is mostly retail cards and consumer finance loans. The figures are not adjusted for inflation or population, so a record total does not by itself mean more strain per household.
Source
New York Fed Quarterly Report on Household Debt and Credit, 2026 Q2 (released August 2026), from the New York Fed Consumer Credit Panel / Equifax, underlying data page 3. We pulled the workbook on October 12, 2026.
© 2026 Federal Reserve Bank of New York. Content from the New York Fed subject to the Terms of Use at newyorkfed.org.
The New York Fed does not endorse this page, My Credit Guide, or any use of these figures. We have not changed the source figures. Anything labelled as a rank, a change, or a comparison is our calculation.
Our table and the quarter-to-quarter subtraction are available under CC BY 4.0. Credit "My Credit Guide (mycreditguide.org)".
Steven Reynolds, "U.S. Household Debt by Type," My Credit Guide, October 12, 2026, https://mycreditguide.org/data/household-debt/.