That’s what I would do. Focus on car first before student loans pick up, and maybe pay off a chunk of student loans before August so principle is lower while there’s no interest and probably shave off a couple months at the end of the loan. But still save more for the downpayment as you do this. And I wouldn’t do it all at once with that $50K
When i visited Uganda, the gas stations all had signs saying “Do not turn off engine.” Everyone kept their car running. I just kinda took it as: well thats what they do here.
SocalGSC92 t1_jegkbx1 wrote
Reply to comment by insight7777 in Paying off car loan in full vs. paying off student loans in full vs. downpayment on property by nearlymind
That’s what I would do. Focus on car first before student loans pick up, and maybe pay off a chunk of student loans before August so principle is lower while there’s no interest and probably shave off a couple months at the end of the loan. But still save more for the downpayment as you do this. And I wouldn’t do it all at once with that $50K