6
votes
Accepted
Which Debt shall I pay first?
First of all, congratulations for wanting to pay down debt with the 30k instead of buying a new car...
You should pay the student loan for three reasons:
It has the highest interest rate, and thus ...
Only top scored, non community-wiki answers of a minimum length are eligible
Related Tags
mortgage × 1605united-states × 622
real-estate × 183
united-kingdom × 168
first-time-home-buyer × 137
loans × 136
refinance × 127
home-loan × 86
home-ownership × 72
taxes × 71
canada × 71
interest-rate × 71
investing × 64
interest × 59
mortgage-qualification × 57
down-payment × 53
mortgage-rate × 51
rental-property × 50
credit-score × 48
savings × 46
pmi × 39
tax-deduction × 38
calculation × 38
amortization × 38
debt × 37