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re: Paying back student loans
Posted on 4/6/16 at 8:53 pm to DocHoliday11
Posted on 4/6/16 at 8:53 pm to DocHoliday11
Me? $95/month. My wife? $1025/month.
0
Posted on 4/7/16 at 1:34 pm to DocHoliday11
Around 350-400 per month. Sucks.
Posted on 4/7/16 at 1:37 pm to DocHoliday11
Army paid for my school.
I paid off my wife's the day after we got married.
I paid off my wife's the day after we got married.
Posted on 4/7/16 at 3:37 pm to DocHoliday11
quote:
How much do you pay a month?
Most lenders will let you pay close to whatever you want. That can be a good or a bad thing, but it all depends on your interest rate.
A few of my loans have dirt cheap fixed interest rates. I have talked to the company to get these payments as low as I can. That money can do more for me going into a retirement account or going towards my other loans.
A few are higher interest private loans I had to take out later down the line. These I'm paying off as fast as I can.
You can also look into refinancing. Most people recommend Sofi. Again, the trick is to get a low enough interest rate so that you don't have to pay them off fast, and put your extra money in things that can earn you more interest like a 401K.
Posted on 4/7/16 at 7:21 pm to DocHoliday11
One of my co-workers pays roughly $1,300 a month. Went to Auburn (exercise science) and St. Augustine (PT school). I think St. Augustine costs around $33,000 a year.
Posted on 4/7/16 at 7:39 pm to DocHoliday11
$450 a month
:(
:(
Posted on 4/8/16 at 9:14 am to Patton
$500 a month is the payment, but I'm tossing $800 a month at them. Highest interest rate first.
Posted on 4/8/16 at 10:13 am to JamalSanders
Around 230 a month
Posted on 4/8/16 at 11:24 am to JamalSanders
How you people pay that much a month is crazy. I would have to mow grass after work to pay 500 a month and be able to pay my other bills and eat ha
Posted on 4/8/16 at 11:26 am to DocHoliday11
quote:
How you people pay that much a month is crazy. I would have to mow grass after work to pay 500 a month and be able to pay my other bills and eat ha
I called and "refinanced" my loans basically. i got the lowest possible monthly payment along with lowest interest. That way i know i can always pay the minimum with no problems but also allows me to pay more when i can.
Posted on 4/8/16 at 11:26 am to DocHoliday11
Yeah, there's no way I could have afforded much over $200 when I first graduated college. And I lived in a cheap rental at the time and stretched my dollar as far as I could.
Posted on 4/10/16 at 8:26 pm to DocHoliday11
Was paying $200/month, but finally said "frick it" and just wrote them a check for $9,000 last month to pay off TCU for Mrs. Tantal.
Posted on 4/10/16 at 8:29 pm to DocHoliday11
Vote for Bernie=problem solved.
Posted on 4/10/16 at 9:41 pm to TT9
despite being extremely bad about not dropping classes and waisting semesters away, i come out with 0 in loans.
Posted on 4/10/16 at 9:57 pm to Stonehog
quote:
Don't worry about it, everyone has debt. Just pay what you can and don't let it prevent you from being happy.
This.
Posted on 4/11/16 at 7:27 am to DocHoliday11
Private or FAFSA?
Don't miss any initial payments trying to get things sorted to start payments. You won't be eligible for early payoff or interest rate reduction. Assuming they still do this. I have been out of school for 10 years now. But I found the private loans a little easier to deal with, though they were the more expensive ones.
Don't miss any initial payments trying to get things sorted to start payments. You won't be eligible for early payoff or interest rate reduction. Assuming they still do this. I have been out of school for 10 years now. But I found the private loans a little easier to deal with, though they were the more expensive ones.
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