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We're considering paying off our loans as early as tonight or tomorrow night. The only thing we're worried about is dropping our emergency fund down to $10k. Are we being irrational?

Wife's loans: $7k @ 6.8%

My loans: $15k @ 5% (Variable)

We both have pretty secure jobs, so I imagine we would be able to build the fund back up by the end of the year. It's just tough to lose that large cushion.

We're also planning to move to a new apartment by the end of May and we'll incur some expenses there.



Submitted March 22, 2018 at 09:29PM by johnnyplatanos http://ift.tt/2FWrUut

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