Submitted by julianorts t3_10on8ym in personalfinance
Gigmeister t1_j6fpu9b wrote
I was in a similar situation. I started to pay extra each month. I did that for a few years and when I had the loan down below 5 grand, I paid it off. That gave me a little leeway on savings and being comfortable with shoving extra towards the loan.
It was a fantastic feeling getting rid of it. It was my last debt before I retired. 😊
julianorts OP t1_j6frcez wrote
how did you decide how much extra to pay each month? congrats on retiring!
Gigmeister t1_j6funxs wrote
It just made the most sense for me in my situation. I had a little less in reachable savings than you and was putting 30% in my 401k. It sounds like you're on top of things. You'll make the right decision. Good luck!
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