re: School Loan Consolidation

FWIW, I did the initial rate review at SoFi and would only be dropping to a 5.125% (autopay) percent at 5 years while saving roughly $1500 over the life of the loan. While that seems appealing, it would increase my monthly total payment, with my other loans, to more than I pay now. The $1500 savings isn't worth being chained down by that high of a monthly payment when a house and kids come in the next few years.

The other option is a a 7 year which saves me $200 over the life of the loan and a smaller monthly payment. I'd like this gone sooner than later so I'm going to rule this out.

Thanks for the advice all. I guess I'll stick with what I'm doing and despise the government for their 6.8% decision.