Reply to Family of 5, appx $300K HHI - would you do anything different?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Omg I am about to have a conniption about my students loans.

I’ve essentially just been paying interest on it and barely even paying down the principal. I guess now is the time to pay it off. [/quote]

Yes, OP.  This is what happens when you only pay the minimum payments.  When you mentioned that they would be paid off sooner rather than later, I wondered if you only had a year left in payments or something.  Otherwise, you're facing years and years of accrued interest just paying the minimum. [b]Direct the $1600/mo to the student loans while you pay your regular mortgage.[/b]  Get those out of your life!! Then focus on your retirement, DH's retirement, 529s and...finally, the house. [/quote]

+1000

Time to step up and stop indulging your husband's illogical silliness prioritizing the cheaper mortgage over the more expensive student loans!

Once the student loans are paid off, you can continue w/ the extra payments on the mortgage.

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