My wife and I have a combined 240k in student loan debt. Mixed rates ranging from 4-6.5%. We've been paying back at the minimum at this point in order to build up some liquidity for a future home.
Our salaries are $175k and $95k, and we have around $135k in savings. We live in a high cost of living city (rent ~24% of combined income).
We're planning on buying a home in the next year+ and expanding the family. What's the best strategy between aggressively paying the student loan debt vs saving up for adequate down payment?
Thanks for the help!
Submitted February 21, 2017 at 07:53AM by sobanoodles http://ift.tt/2l3tegF
