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#297: Ask Paula – Should I Househack or Pay Off My Student Loans?

Afford Anything

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. The second option will reduce my rent by $200 per month, and I’d start to build equity sooner.

Loans 67