To calculate the total liabilities, we need to sum all the amounts you owe, which include the car loan, credit card balance, personal loan, and mortgage.
Here are the liabilities listed:
- Car loan: $20,000
- Credit card balance: $19,500
- Personal loan: $7,500
- Mortgage: $150,000
Now, let's add them up:
\[ Total\ Liabilities = Car\ Loan + Credit\ Card + Personal\ Loan + Mortgage \]
\[ Total\ Liabilities = 20,000 + 19,500 + 7,500 + 150,000 \]
\[ Total\ Liabilities = 197,000 \]
Thus, the total of your liabilities is $197,000.