I'm currently paying off a little over $13,500 of student loans, at a rate of $300 a month and accrues approximately $60 of interest each month. My bi-weekly take-home salary is approximately $1,350 (after health benefits, taxes, Social Security and union fees) and I live together with my wife, who makes a very modest SSI income and contributes part of it to our rent ($200 each month, for $950/mo. rent).
I'm looking towards the future, and considering down payments on a car, or possibly even further down the road a house. But I am also very interested in completely paying off my student loan to get rid of my horrible debt.
If my math is right (and I admit my math may be shoddy) then it'll take at least 3 years to finish paying off this loan. Should I start paying less into the loan in order to save up for a down payment now? Or should I wait until more of my loan is completely paid off?