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re: How much student loan debt do you owe?

Posted on 2/20/17 at 9:09 pm to
Posted by hombreman9
USA
Member since Feb 2009
3781 posts
Posted on 2/20/17 at 9:09 pm to
quote:

$127k for me and roughly $223k for my wife


Ouch!

I owed 180. I took out a HELOC and now I can duduct the interest.
Posted by Muice
Baton Rouge
Member since Aug 2013
1268 posts
Posted on 2/20/17 at 9:12 pm to
127 + 223 = ?

'twas a joke
Posted by leveedogs
Levee
Member since Jan 2016
276 posts
Posted on 2/21/17 at 6:53 am to
quote:

I owed 180. I took out a HELOC and now I can duduct the interest.


We did the same with HELOC to pay off portion of wife's higher interest (6.5%) school debt. The only problem is it shows up on credit score as usecured credit card debt, which makes ratio of used vs. available credit look scary, which hurts credit score.

We have about 140K together but 110K is fixed at 2.3% APR luckily.
Posted by leveedogs
Levee
Member since Jan 2016
276 posts
Posted on 2/21/17 at 6:53 am to
(no message)
This post was edited on 2/21/17 at 6:55 am
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