For some background info on myself, I just graduated college a bit over a year ago with a Comp Sci degree. I've saved up just enough to pay off my student loans in its entirety, however, I have delayed paying them off fully because I was saving money for a possible tech start up.
I'm guessing that best solution would involve me paying some of the debt and then saving some money on the side, but I don't know how much to pay off. Or perhaps I should just pay it all off?
**My current loans with fedloan servicing are :** Direct Sub Stafford Loan $5,400.81 [3.4% fixed] Direct Unsub Stafford Loan $2,179.29 [6.8% fixed] Direct Sub Stafford Loan $5,309.79 [3.4% fixed] Direct Unsub Stafford Loan $2,317.04 [6.8% fixed] Direct Sub Stafford Loan $4,373.82 [4.5% fixed] Direct Unsub Stafford Loan $2,455.55 [6.8% fixed]
I'm thinking paying all the unsubsidized loans and maybe also the 4.5% interest loan as well. What kind of suggestions do you guys have? Is it better to pay off all the loans before attempting my own start up?
UPDATE WITH REPAYMENT PLAN
Total Monthly Payment Due Date Plan Type $245.10 18th of the month Standard Repayment