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funghi2 OP t1_j6kwggb wrote

Reply to comment by Cum_cuddle in When to stop saving and start investing/paying off debt? by funghi2

3.4%. Minimum $800 saved, but usually $1000. Currently paying $466 a month on the loan just with the payments that are set up

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Cum_cuddle t1_j6kwos4 wrote

What’s your mortgage payment and APR?

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funghi2 OP t1_j6kx48p wrote

Mortgage is $1960 a month with taxes rolled in

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Cum_cuddle t1_j6kxm14 wrote

I would save to $70k before paying off loans faster than necessary. This replaces your primary earners wages for a full year in the event of a catastrophe.

I would also ensure your maxing out retirement contributions prior to paying off debt as you’re likely to getter a better return than you’re losing in interest on the vehicle.

Either way you’re doing fine.

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