#297: Ask Paula – Should I Househack or Pay Off My Student Loans?
Afford Anything
JANUARY 25, 2021
I’m torn between two options: Use the $20,000 to pay off my highest interest rate student loan (7.2 I’d apply for an FHA loan with a three percent interest rate. The first option will free up $200 of cash flow each month, which will accelerate my debt avalanche and result in less interest paid over the life of the loan.
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