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Updated almost 5 years ago,

User Stats

58
Posts
28
Votes
Nicholas D'Andrea
  • Accountant
  • Philadelphia
28
Votes |
58
Posts

2x Down on Student Loans or stock cash for down payment

Nicholas D'Andrea
  • Accountant
  • Philadelphia
Posted

Hi BP Community

I wanted to run this situation by the blog and hear everyone's perspective. 

I have around 38K left of undergrad/grad school student debt. I am an employed accountant in the Philadelphia area. Government Student loans are suspended until October (link below). There are pros still paying my minimum (which I pay 2x) before the loan payments were cut (i.e. lower my debt to income ratio). My plan is to purchase a home to house-hack by the end of 2020. 

Side notes - I have ~$20K already on the sidelines.

Love to hear heads, tails and the side of the coin.

Nick

Student Loans

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