The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Student loan at 4.8%, pay it off?
| garnet school | 05/10/12 |
| Laughsome Office | 05/10/12 |
| cerise dashing generalized bond | 05/11/12 |
| Massive menage idiot | 05/10/12 |
| Laughsome Office | 05/11/12 |
| Tan Institution | 05/11/12 |
| Laughsome Office | 05/11/12 |
| Massive menage idiot | 05/11/12 |
Poast new message in this thread
Date: May 10th, 2012 11:55 PM Author: garnet school I currently carry 40k at 4.8%, but want to also save for a house 3-4 years from now. So I either invest the money for now and go for a smaller mortgage (carry some interim invest risks) or pay off loan and go with a bigger mortgage. Mortgage interest payments are deductible, but student loan are not; mortgage rate currently at historic low, lower than 4.8%, but not guarantee to stay this low 4 years from now.
Which is credited move, pay off loan or save for down payment? |
Date: May 10th, 2012 11:57 PM Author: Laughsome Office Student loans are deductible. (http://www.autoadmit.com/thread.php?thread_id=1945756&forum_id=2#20666430) |
 |
Date: May 11th, 2012 12:01 AM Author: cerise dashing generalized bond Not for anyone making six figs (http://www.autoadmit.com/thread.php?thread_id=1945756&forum_id=2#20666463) |
|
Date: May 10th, 2012 11:58 PM Author: Massive menage idiot interest cost in dollars of postponing payments? just pay the fucking loan and buy when you can afford it (http://www.autoadmit.com/thread.php?thread_id=1945756&forum_id=2#20666434) |
|
Date: May 11th, 2012 12:00 AM Author: Laughsome Office His credit report will have his loan on there and his mortgage will be higher for it. There is no free lunch or pulling a fast one anyway. (http://www.autoadmit.com/thread.php?thread_id=1945756&forum_id=2#20666457) |
|
Date: May 11th, 2012 12:26 AM Author: Tan Institution LOL what, 40k in student loans is not going to impact his mortgage rate, assuming he has good credit otherwise (http://www.autoadmit.com/thread.php?thread_id=1945756&forum_id=2#20666738) |
|
Date: May 11th, 2012 12:33 AM Author: Laughsome Office Of course it is. (http://www.autoadmit.com/thread.php?thread_id=1945756&forum_id=2#20666824) |
|
Date: May 11th, 2012 12:36 AM Author: Massive menage idiot it's not like he has $200k socked away somewhere and isn't paying off the loan because it's at an absurdly low rate (http://www.autoadmit.com/thread.php?thread_id=1945756&forum_id=2#20666849) |