I am getting to the point in my life where I want to stop renting and start building equity in the form of a house. I have a full time salaried job with a growing savings account. My one worry is my student loans (which I am sure many people have). The principal balance on my loans is about 70 grand and I purchased a car last year for around 20. I am making 55k per year which allows me to live with no problems and save some money. My question going forward is would it be better for me to pay off my student loans faster or save up money for a down payment? Right now, I have a low interest rate on my loans, but it is a variable rate.
Submitted May 04, 2017 at 08:16PM by mrjoepete http://ift.tt/2qFDaAt
