My wife has racked up about $36k in student loans for her Master's degree and the interest rate is about 5.4%. We own a home that is worth about $350k and we owe $280k on it now and the interest rate is 4.625%. Our gross income is about $120k per year. Does it make sense to take out a home equity loan to pay off the student loan? Aren't there tax advantage of doing so? Thank you in advance for your time!
Submitted June 06, 2017 at 02:51PM by Ezerb1033 http://ift.tt/2sPpJy4
