Retirement vs. Student Loans vs. Mortgage: Which Comes First?
Eliminating student debt, saving for retirement, and buying a house are all important financial goals that can be hard to balance.
Eliminating student debt, saving for retirement, and buying a house are all important financial goals that can be hard to balance.
Student loans are a major challenge to saving for a down payment on a home. A smaller down payment often means living with a Private Mortgage Insurance (PMI).
Student loan refinancing can make getting a mortgage much easier — or much harder. Getting the order right is essential.
Qualifying for Public Service Loan Forgiveness and buying a house are two goals that both require careful planning for student loan borrowers.
Key differences in tax advantages, forgiveness programs, and refinancing make the debt elimination decision more complicated.
Using a Home Equity Line of Credit (HELOC) to pay off student loans has a couple big advantages, but it comes with major risks.