Which of these debts do you pay off first and why? I'm not an expert and would just like to compare my rationale with wiser opinions.
House #1 Mortgage payment: $812.00/Month |
Rental Income: $975.00/Month |
Balance remaining: $40,000.00 @ 6%
House #2 Mortgage payment: $357.00/Month |
Rental Income: $1000.00/Month |
Balance remaining: $74,000.00 @ 1.9%
Student Loan #1 Monthly Payment: @250 |
Interest: 5% |
Balance remaining: $15,854.00
Student Loan #2 Monthly Payment: @350 |
Interest: 6% |
Balance remaining: $17,397.00
Submitted April 29, 2019 at 11:17AM by absoul1985 http://bit.ly/2VtumQp