Home     Forum     401k     401k Rollovers
    Register   Login   Members   Search   FAQs     Recent Posts    




Search found 3 matches
Author Message
  Topic: Seeking input on prioritizing loans
CakeQ

Replies: 4
Views: 14357

Post image iconForum: Credit & Loans   Posted: Mon May 23, 2016 12:41 pm   Subject: Seeking input on prioritizing loans
Thanks for the advice!

I was not thinking, but you are right. Sometimes capital preservation is better than being debt free.

My number 1 takeaway from your comments is that the 401k loan should ...
  Topic: Seeking input on prioritizing loans
CakeQ

Replies: 4
Views: 14357

Post image iconForum: Credit & Loans   Posted: Sun May 22, 2016 11:47 am   Subject: Seeking input on prioritizing loans
Thanks for the response!

The reasons for paying off those debt (and like you said, not the student loan):

(1) My parents live in the house with the mortgage. Once I pay off the mortgage, I can ...
  Topic: Seeking input on prioritizing loans
CakeQ

Replies: 4
Views: 14357

Post image iconForum: Credit & Loans   Posted: Sat May 21, 2016 1:14 pm   Subject: Seeking input on prioritizing loans
We are getting closer to debt free with the following:

31K 401(k) loan 3.75% paid to account. $426 repayment every 2 weeks.
48K mortgage 4.125% and tax deduction. $676 payment every month (includ ...
 
Page 1 of 1
All times are GMT
Jump to:  




Money Talk © 2003-2016