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Reply to "Did you pay off student loans before buying a house?"
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[quote=Anonymous]No. Student loans are bound to be the lowest interest rate you'll ever pay on debt, so it wasn't worth it to us, nor did we have so much that the extra cash would substantially increase the value of the house we could buy. I guess it depends on how much debt you have and how much house you hope to buy. Mine will be paid off in 5-6 months. Hubby's will take a 3-4 more years. by then we'll have kids out of daycare - which WILL substantially improve cash flow. We'll trade up to a nicer house then, but in the meantime, we like building equity that we can roll into a new house later.[/quote]
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