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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, I've done an estimate of your budget, and you should be able to pay off the student loans.   I looked them up and $200k of loans at 6.8 percent interest over 10 years would be a $2300 per month payment.   If over 30 years, payment would be $1300 per month

I've made up a modest budget for you, based on what you've said, and you should still have plenty of $ left over (for retirement savings or extra loan payments).   Where does the rest of your money go?

Budget Per Month

Gross Salary	$10,833
Net	$8,125
		
Expenses		
Student Loans	$2,300
Housing 	$1,500
Child Care	$1,200
Food	$750
Utilities	$150
Car Note	$350
Clothes	$100
Gas	$100
car insurance	$83
Phone	$60
MIsc	$1,000
	
	
Total Expenses	$7,593
Net	$532[/quote]

I think she would be taking home around $6000 after taxes and not 8125[/quote]

I can't find childcare or rent around here for these rates. I could move away but then I doubt I can get this salary.[/quote]

Are you in the DC area? 1500 for rent is tough but definitely doable for a one bedroom. It will suck, but I suggest downsizing as much as possible for at least a few years to get your debt down as much as you can. [/quote]

The cheapest 1 bedrooms I can find don't are $2100 and they don't have laundry in the unit so I either pay for somebody to do the laundry or schlep the baby with me to do laundry. Every night. At least the other expense are low? I don't buy clothes, I sell what I can of the babies clothes, our food is about 400. Utilities are astronomical but that's because of the poor design of our current place. I'll fix that when we move[/quote]

Sorry, where are the cheapest one bedrooms 2100? Again, I'm assuming you're not in the DC area because if you do a quick search on Craigslist you'll find many one bedrooms close-in, with laundry, for 1500 or less.[/quote]

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