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$3,500 @ 6.54%
$11,000 @ 2.875% (consolidated)
About $640 of that is from interest thus far, and now that I've paid off all of my other liabilities over the past year (credit cards, car, etc.), and the student loans are all that's left, I'll be starting to make payments early to start cutting that down.
My question is this...there's no question that I'd like to pay off that $3,500 amount at the higher interest rate ASAP, but is it a bad idea to just wait on the rest and make minimum payments once I'm out of school and invest the extra money I would have sent toward it? I would assume that I can certainly beat the 2.875% interest rate by investing, but it is another creditor that I would owe. I know from what I've read on everyone's opinions that the debt should be my first priority, but would you all agree even with that low of a rate?