Submitted by DapperAdhesiveness99 t3_z809wy in personalfinance
AznXKitty_ t1_iya3xf0 wrote
Reply to comment by DapperAdhesiveness99 in Save for move or pay off student loan debt? by DapperAdhesiveness99
Look at it this way. You're paying 1-1.5% interest to have your money rather than pouring it into paying off this loan. You can calculate how much that is monthly/yearly and decide for yourself if it's worth it.
And between now and the payment resume day, you keep that 3% yield completely
DapperAdhesiveness99 OP t1_iyaebpo wrote
That’s solid advice especially consider that the payments/interest rates are frozen. I will definitely look into this, thanks for your input!
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