What is the smartest way to handle this:
Quick facts - divorcing, 2 kids in elementary school, 40k in student loans, no other debt (besides mortgage - but we are selling the house), will be living in parents basement until house sells, 65k year salary, plus 730/month in child support.
While living with my parents and no mortgage payment, do I throw all the money I can at the student loans to have less debt when I begin getting approved for home loans? Or do I continue to make the minimum monthly student loan payments and throw all the extra money towards a down payment? ( I will qualify for down payment assistance where 500 is required out of pocket. )
Help!
Submitted October 03, 2020 at 10:23PM by awkwardnorweigan https://ift.tt/3neNgp5
