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Reply to "pay off student loans prior to buying?"
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[quote=Anonymous]Is the student loan interest rate fixed or variable? How secure are your incomes? If they are secure, is there any chance that one of you would want to take a lower paying job or stay home with kids? Even the federal government is less "secure" these days with furlough possibilities. How do you feel emotionally about the debt? For us, with a similar situation, we took out a lower mortgage amount (but luckily ended up with a good fixer upper house in a great area) AND paid off the debt aggressively. So thankful it is gone, especially as the economy has destablilized as the years have gone on. We now have no desire to take out a big mortgage, after paying off that debt... there are other investments which are much more promising IMO. [/quote]
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