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![]() I have decided to take my money out of investments and pay off some debt...I am going to talk to my personal banker but just thought for the heck of it, I would ask what you guys think
![]() Student loans or mortgage? My student loans are ongoing...like five years now. I paid a large chunk in the beginning and have worked it down from $35 000 to $21 000 or so. I have to get the exact numbers from my investments but I think I could pay 2/3 of that off. Interest is...hmmm...so bad but I don't know. Something like 6 % or so? My mortgage is new but my parents paid a huge downpayment on our condo. So its about $200 000 now. Would have been double if my parents didn't believe in spending money on their kids while they were still around instead of leaving it for us when they are gone ![]() ![]() I am kind of leaning towards my student loans so that I actually see them disappearing and I am not paying all that interest but we also plan to be mortgage free in 5 years for this place, so...a bigger payment now would help a bit. Hmmmm.... Also 100% of my fiances salary already goes to the mortgage every month. Last edited by GreenSpottedPuffer; 01-29-2009 at 10:45 PM. |