Congratulations I bet that feels great! Just think when that last one is paid off you will be so used to setting the money aside that you can easily save up for a big thing like the aforementioned down payment or car.
Well, this was just one of the three bar/study abroad loans that were for $10k. We've paid off two of them in the last year. Hopefully I'll have enough to pay off the last by the end of September. The main student loans...well, those have a low interest rate so I'll pay on those for the 30 years if I have to.
My loans were like this: Main Student Loan with like 2% interest rate: $60 grandish. Two Bar Study Loans, one with 5% and one at 7.5%: $20 grandish.
I paid off the 7.5% one, which had become $13k plus. We've paid off a similar one that Jason had last year.
The main student loans are extended 30 years and the monthly payment is really low. I'm not worried about those. The others with real interest rates are the ones we're actively paying off so we can have the money to make a house payment.
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My loans were like this:
Main Student Loan with like 2% interest rate: $60 grandish.
Two Bar Study Loans, one with 5% and one at 7.5%: $20 grandish.
I paid off the 7.5% one, which had become $13k plus. We've paid off a similar one that Jason had last year.
The main student loans are extended 30 years and the monthly payment is really low. I'm not worried about those. The others with real interest rates are the ones we're actively paying off so we can have the money to make a house payment.
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