bk1 wrote:beach_terror wrote:beach_terror wrote:Debt: 175k
Payments: 1k minimum (lowest available), additional 3-3.5k/mo for now to the highest interest loan, pay it off, rinse and repeat
Income: over $100k
Plan: 25 year fixed (hope to be done in 4-5 years)
Note: living at home to knock off as much principal as possible until after New Years
About 3 years from my original post now. This spiked up to ~$181k before I started repayment and I'm currently sitting at $101k. After bonus this year, I'm hoping to be around $85k, but we'll see. My loans were between 6 and 8% and I'm down to around 4% after two refis. Not fun.
Congrats on getting to 5 figures!
Not sure I'll ever know what this feels like, but still happy for you, dude!