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Should I pay my student loan via minimum payment or put in extra? My payment amount is only $16, for now.
Should I pay my student loan via minimum payment or put in extra? My payment amount is only $16, for now. So I currently have $6,185 remaining in my student loans from my bachelors. My interest rate is 3.73%. By some miracle from the SAVE repayment plan, my monthly payment is only about $16. I’m struggling to decide if I should just keep paying off with $16 a month and not worry about it since it’s so low already. How much quicker can I pay this off...
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