Tough Question

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    • #261041

      I would pay off the student loans and rent an inexpensive place for a while. I believe your haouse is the last debt you should pay off-so get to paying off those student loans. Low interest or not, debt is debt!!

      Original Message —-
      From: Charlotte
      Sent: Sunday, August 3, 2008 2:33:46 PM
      Subject: RE: : Tough Question

      10pt;color: teal;”>I would rent
      the 1st year, then buy. Work on the student loans, but they are
      rally low interest, so take your time with them – don’t rush paying
      them off – maybe pay $50 extra a month. So really – I would go for
      a deferred option # 1.
      10pt;font-family: Arial;color: navy;”>

      10pt;font-family: Tahoma;font-weight: bold;”>From: 10pt;font-family: Tahoma;”>
      Budget101_@yahoogro [mailto:Budget101_ @yahoogroups. com] On Behalf Of Nicole

      Sent: Saturday, August 02, 2008
      2:10 AM

      To: Budget101_@yahoogro

      Subject: : Tough
      12pt;”> 12pt;”>We are “planning” on moving next spring (if our home sells).
      If we rent we could pay off our student loans in 3 years ($152,000) after the
      sell of our current home, large sign on bonus and saving exvery month. Would
      you either

      1. Put a down payment on a home and buy, take several years to pay off the
      student loan and about 10 years to pay off the house OR

      2. Rent for 3 years and pay off the student loan, then buy a home and try to
      pay it off asap.

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