I just made a huge ($11k) payment on my student loans with money I had been saving for a home. As it was variable, and the interest rate was continually creeping and in the low 4's%, I decided to throw it in! Doing a rough calc, the monthly interest was around 40 a month, with nearly 5 years to go to payoff. This is about 25% of my total loans (still $30k to go!), but the rest of the loans are subsidized. Just had to share the big news!
Submitted July 21, 2017 at 02:52PM by jpomaikai http://ift.tt/2uiy4hf
