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Should I payback my student loan?
Asked by Rememberme (661)
November 18th, 2011
from iPhone
I have a student loan for about $11000 I pay about $116 a month. Right now I have a wonderful job where I make about $500/w and my spouse makes about $450/w. We are interested in buying a house in the next year or so. We have no other debt. What would be better, paying off my debt than saving up for a downpayment on a house? Or continuing to pay $116/m? Btw we are not interested in buying an expensive house probably under $80,000 (we have looked at some decent houses currently in that price range)
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