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ITT tell me whether & in what order to pay off my loans

#1: 2.75% fixed - 23k (undergrad consolidated, thanks mom&am...
outnumbered concupiscible hall prole
  09/02/10
...
outnumbered concupiscible hall prole
  09/02/10
5,2,4,3,1
High-end diverse step-uncle's house
  09/02/10
explain pls
outnumbered concupiscible hall prole
  09/02/10
Most efficient way.
High-end diverse step-uncle's house
  09/02/10
Depends how long you're planning to take to pay off the loan...
Jet Idiotic Native Ceo
  09/02/10
Your idea seems credited. Oh by the way, FUCK YOU! -...
Stimulating Plaza Telephone
  09/02/10


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Date: September 2nd, 2010 9:47 PM
Author: outnumbered concupiscible hall prole

#1: 2.75% fixed - 23k (undergrad consolidated, thanks mom&dad)

#2: 6.8% fixed - 52k (thanks obama!)

#3: 1.75% variable - 28k (private loan #1, pegged to libor)

#4: 2.75% variable - 36k (private loan #2, pegged to prime)

#5: 5.12% variable - 11k (private loan #3, pegged to prime)

I'm thinking:

-Pay off #2 first

-Pay off #5 next

-Just pay the minimum payments on #1, #3, #5 unless any of the variable rate loans get jacked up

Thoughts?

(http://www.autoadmit.com/thread.php?thread_id=1412975&forum_id=2#15951507)



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Date: September 2nd, 2010 9:54 PM
Author: outnumbered concupiscible hall prole



(http://www.autoadmit.com/thread.php?thread_id=1412975&forum_id=2#15951586)



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Date: September 2nd, 2010 9:59 PM
Author: High-end diverse step-uncle's house

5,2,4,3,1

(http://www.autoadmit.com/thread.php?thread_id=1412975&forum_id=2#15951656)



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Date: September 2nd, 2010 11:08 PM
Author: outnumbered concupiscible hall prole

explain pls

(http://www.autoadmit.com/thread.php?thread_id=1412975&forum_id=2#15952307)



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Date: September 2nd, 2010 11:13 PM
Author: High-end diverse step-uncle's house

Most efficient way.

(http://www.autoadmit.com/thread.php?thread_id=1412975&forum_id=2#15952356)



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Date: September 2nd, 2010 11:27 PM
Author: Jet Idiotic Native Ceo

Depends how long you're planning to take to pay off the loans, but interest rates are incredibly low right now. In 2-3 years, there's a good chance they will be > 6.8% (#2).

(http://www.autoadmit.com/thread.php?thread_id=1412975&forum_id=2#15952485)



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Date: September 2nd, 2010 11:23 PM
Author: Stimulating Plaza Telephone

Your idea seems credited.

Oh by the way, FUCK YOU!

--guy holding tons of 8.5 fed loans

(http://www.autoadmit.com/thread.php?thread_id=1412975&forum_id=2#15952442)