So I can now calculate exactly when my loans would get paid off by ensuring I consistently contribute some amount X to my loans where X is greater than the sum of the monthly minimums, where the extra is put towards the highest-interest loan (interest-rate snowball method).
Question: I have no idea just how much extra I should put towards my loans. I could probably put 100 more each month, maybe 200, possibly even 300 or 400 if I wanted to be hyperaggressive, but then I question if I am leaving enough money for myself here in the present to enjoy youth.
While I understand this is a subjective question since we all have different utility profiles, I don't know a good way to gauge it. Is there some sort of way I can use heuristics/ballpark figures to get a rough idea?
My problem is that there are just too many unknowns. If I go aggressive (ensure 800/month towards loans) I'd be done in 50 months or so, but then I'd have that much less to save/play with/buy things/eat out/enjoy life/etc.
I'm not asking anyone to overlay their utility profile onto my own or vice-versa, but rather what are some questions I should ask myself to help me figure out where the sweet spot lies? Thanks.