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ITT tell me whether & in what order to pay off my loans
| Bateful Nighttime Ceo | 09/02/10 |
| Bateful Nighttime Ceo | 09/02/10 |
| laughsome azure sanctuary | 09/02/10 |
| Bateful Nighttime Ceo | 09/02/10 |
| laughsome azure sanctuary | 09/02/10 |
| garnet at-the-ready school cafeteria | 09/02/10 |
| buff kitchen organic girlfriend | 09/02/10 |
Poast new message in this thread
Date: September 2nd, 2010 9:47 PM Author: Bateful Nighttime Ceo #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? |
Date: September 2nd, 2010 9:54 PM Author: Bateful Nighttime Ceo (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: laughsome azure sanctuary 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: Bateful Nighttime Ceo 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: laughsome azure sanctuary 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: garnet at-the-ready school cafeteria 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: buff kitchen organic girlfriend Your idea seems credited.
Oh by the way, FUCK YOU!
--guy holding tons of 8.5 fed loans |