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I have $10k in savings to put towards a student loan. Which loan would you choose?
I have $10k in savings to put towards a student loan. Which loan would you choose? Private Loan: $62,000, 2.70% interest. $834/mo Federal Loan 1: $5,500, 4.53% interest (starting in September). $56/mo Federal Loan 2: $4,400, 5.05% interest (starting in September). $42/mo I have $10,000 extra in savings (in addition to emergency fund) I'd like to throw at my loans. Debating between just getting rid of both federal loans, or p...
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