Cosigning = co-owning the debt
You're 100% liable for the balance if they miss a payment, and lenders treat the full debt as YOUR debt for future loan applications. If you can't afford to pay the loan yourself, don't cosign.
Cosigner Risk Calculator
Dollar exposure and credit risk when cosigning someone else's debt.
Results
Expected loss
$3,750.00
Exposure vs income
33%
Credit score hit risk
30–80 pts if any missed payment
DTI impact (full exposure)
Loan counts as YOUR debt to lenders
Frequently asked questions
1.Can I get removed as cosigner?
Only if the primary borrower refinances into their own name, or the loan includes a cosigner release clause (usually 2–4 years of on-time payments).
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