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Reply to "Invest 529 or Payoff Home Equity Line?"
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[quote=Anonymous]I have about $20k in vested RSU’s I’m planning to cash out, and we are deciding whether to put it towards a 529 or paying down a home equity line. Our HHI is about $390 cash and we bought our house last May. At the time we were only able to put 10% down as we were in the process of selling a place elsewhere and had some equity tied up (relocated to DC) and had also just paid for a wedding, so took out home equity line to finance the other 10%. We have since although we should have qu have about $65k left on a home equity line we took out to buy a house last year with a monthly payment right now of about $350..we also recently opened a 529 for first kiddo[/quote]
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