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Spinoff: School Loans

Posted By Message

LuvMyDH
LIF Adolescent

Member since 10/05

882 total posts

Name:
K

Spinoff: School Loans

How long will it take you to pay off your loans?

Posted 11/15/07 2:24 PM
 
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evnme
My little lamb

Member since 8/05

12633 total posts

Name:
aka momma2b

Re: Spinoff: School Loans

i'm on the 30 year planChat Icon

Posted 11/15/07 2:25 PM
 

nov04libride
big brother <3

Member since 5/05

14672 total posts

Name:
Me

Re: Spinoff: School Loans

I had $60,000 from grad school and I'm finishing up paying it off...It is taking 4 years. I wanted rid of it before we get a higher mortgage payment.

Posted 11/15/07 2:26 PM
 

saraH
happy birthday sweet kate!

Member since 5/05

16555 total posts

Name:
I know that God exsists, I held her in my arms...

Re: Spinoff: School Loans

mine about another 4 years

dh's probably another 15 years.

he just HAD to go to Dowling Chat Icon

Posted 11/15/07 2:26 PM
 

CathyB

Member since 5/05

19403 total posts

Name:

Re: Spinoff: School Loans

DH paid his off in like 3 years. He put his bonus each year toward it.

We pay the minimum on mine each month since the interest is so low we'd prefer to put the extra toward the mortgage.

Posted 11/15/07 2:27 PM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Spinoff: School Loans

Posted by evnme

i'm on the 30 year planChat Icon



Me too. It totally stinks, but was the only way I could afford the payments.

Posted 11/15/07 2:29 PM
 

LuvMyDH
LIF Adolescent

Member since 10/05

882 total posts

Name:
K

Re: Spinoff: School Loans

Posted by nov04libride

I had $60,000 from grad school and I'm finishing up paying it off...It is taking 4 years. I wanted rid of it before we get a higher mortgage payment.



That is to be applauded!!! It took me that long to pay off $12,000
Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 11/15/07 2:29 PM
 

BunnyBaby
Loving Motherhood!!!

Member since 11/07

1238 total posts

Name:
Audrina

Re: Spinoff: School Loans

$50 per month- I have one month left! Chat Icon

Posted 11/15/07 2:38 PM
 

nov04libride
big brother <3

Member since 5/05

14672 total posts

Name:
Me

Re: Spinoff: School Loans

Posted by LuvMyDH

Posted by nov04libride

I had $60,000 from grad school and I'm finishing up paying it off...It is taking 4 years. I wanted rid of it before we get a higher mortgage payment.



That is to be applauded!!! It took me that long to pay off $12,000
Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon



Thanks! We're lucky enough to be able to live on DH's salary alone, so we banked some of mine and paid off the loan with the rest of mine.

Posted 11/15/07 2:45 PM
 

Shelly
She's 7!!!

Member since 8/05

14624 total posts

Name:

Re: Spinoff: School Loans

Posted by evnme

i'm on the 30 year planChat Icon



me too!

Posted 11/15/07 2:45 PM
 

alnem
This is gonna be a good year!

Member since 2/06

9562 total posts

Name:
Emily

Re: Spinoff: School Loans

mine should be paid off with my next commission check.Chat Icon Chat Icon

Posted 11/15/07 2:48 PM
 

bikramaddict
mommy-to-be

Member since 8/06

4376 total posts

Name:

Re: Spinoff: School Loans

i think DH's will take 10 years (total) to pay back. i may use some of our tax refund to pay extra though. Its a $25K loan.

Posted 11/15/07 2:56 PM
 

JandJ1224

Member since 6/06

5911 total posts

Name:
Jannette

Re: Spinoff: School Loans

We are also on the 30 year plans! The interest rate is so low that we'd rather keep our cash towards buying a house.

Posted 11/15/07 2:59 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Spinoff: School Loans

DH is on the 30 year plan too (undergrad and grad at Hofstra) but he has a crazy low interest rate (2%?)

i am finishing grad school (also hofstra) next semester and i am doing to pay them off in 3 years ($40K in loansChat Icon ) and then help DH pay off his, so we are hoping to be done in 6 years.

Posted 11/15/07 3:20 PM
 

NewlyMrs
Laugh-Live-Love LIFE!

Member since 10/06

14432 total posts

Name:
Jennifer

Re: Spinoff: School Loans

30years

Posted 11/15/07 3:24 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Spinoff: School Loans

took DH about 12 years.

Posted 11/15/07 3:38 PM
 

ali120206
2 Boys

Member since 7/06

17792 total posts

Name:

Re: Spinoff: School Loans

It took DH 10 years to pay his off and it is going to take me 13 (mine deferred when I was in grad school PT which thankfully work covered). I have exactly 3 years left!!!

I looked into consolidating and the rates were substantially higher in my case than they would be if I kept everything as is so I decided not to.

Posted 11/15/07 3:59 PM
 
 

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