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Reply to "Should I pay off my HELOC with my savings?"
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[quote=Anonymous]Yeah, we have a mortgage too. Not sure how much is left, but 3400 a month at 3.5% interest. I knew I was going to get questions about the car loan. We just got a car over the summer (previously we paid cash and drove pretty old cars). Interest rate was 2.78% so my partner just wanted to finance while we continued to build savings. Partner was previously running his own business which didn't go great so we really just built our savings back up over the previous year. Also, in 2013-14, I paid off all of my higher interest student loans and we bought our house. Income increase and savings increase has all been since 2016. [/quote]
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