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Loan Advice: $160k debt, $150k comp, wife, babby

Currently on 25 yr plan with Sallie Mae. Mix of govt loans ...
180 azn
  04/24/14
...
180 azn
  04/24/14
killself is by far the best advice I can give you
topaz business firm
  04/24/14
I've actually managed to save $60k (+ some in 401k) so I'm n...
180 azn
  04/24/14
Stop saving, except matching 401K. Reduce lifestyle. Star...
citrine giraffe
  04/24/14
I'm going to, I wanted some liquid saving on case shit hit t...
180 azn
  04/24/14
Private loans do not qualify for IBR.
vengeful floppy center
  04/24/14
All govt loans, various fixed rates
180 azn
  04/24/14
loan advice - murder your wife and kid. thank me later.
Flushed dysfunction
  04/24/14
I like the kid
180 azn
  04/24/14
imagine how much more youd like him if he or your wife were ...
Flushed dysfunction
  04/24/14
..,
180 azn
  04/24/14
....
180 azn
  04/25/14
7% is awful. Pay them off ASAP. Oh, and I recommend a 15th...
cracking house
  04/25/14
IBR on 150k salary will do nothing for you. Payments will l...
sable bull headed friendly grandma
  04/25/14
Payments would probably be pretty similar, may go up a littl...
180 azn
  04/25/14


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Date: April 24th, 2014 11:33 AM
Author: 180 azn

Currently on 25 yr plan with Sallie Mae. Mix of govt loans averaging about 7.0%. Looks like I qualify for IBR, any reason not to switch to IBR?

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25438020)



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Date: April 24th, 2014 5:31 PM
Author: 180 azn

...

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440232)



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Date: April 24th, 2014 5:32 PM
Author: topaz business firm

killself is by far the best advice I can give you

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440238)



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Date: April 24th, 2014 5:45 PM
Author: 180 azn

I've actually managed to save $60k (+ some in 401k) so I'm not done yet

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440321)



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Date: April 24th, 2014 5:49 PM
Author: citrine giraffe

Stop saving, except matching 401K. Reduce lifestyle. Start paying that shit off full board.

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440352)



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Date: April 24th, 2014 5:54 PM
Author: 180 azn

I'm going to, I wanted some liquid saving on case shit hit the fan, now have what I want in that regard, though will buy a house soon if we decide to stay here

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440389)



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Date: April 24th, 2014 5:41 PM
Author: vengeful floppy center

Private loans do not qualify for IBR.

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440292)



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Date: April 24th, 2014 5:41 PM
Author: 180 azn

All govt loans, various fixed rates

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440299)



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Date: April 24th, 2014 5:45 PM
Author: Flushed dysfunction

loan advice - murder your wife and kid. thank me later.

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440324)



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Date: April 24th, 2014 5:48 PM
Author: 180 azn

I like the kid

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440345)



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Date: April 24th, 2014 5:52 PM
Author: Flushed dysfunction

imagine how much more youd like him if he or your wife were dead

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25440371)



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Date: April 24th, 2014 10:29 PM
Author: 180 azn

..,

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25441701)



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Date: April 25th, 2014 10:39 AM
Author: 180 azn

....

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25444516)



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Date: April 25th, 2014 11:00 AM
Author: cracking house

7% is awful. Pay them off ASAP. Oh, and I recommend a 15th trimester abortion or whatever.

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25444590)



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Date: April 25th, 2014 11:04 AM
Author: sable bull headed friendly grandma

IBR on 150k salary will do nothing for you. Payments will likely go up

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25444601)



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Date: April 25th, 2014 11:55 AM
Author: 180 azn

Payments would probably be pretty similar, may go up a little. The upside would be to start the IBR clock in the event I can't take law any more down the road or otherwise make less than I'm making now

(http://www.autoadmit.com/thread.php?thread_id=2550689&forum_id=2#25444825)