Quote:
Originally Posted by gertymac
I'm actually not sure what the interest rate on the loans will end up being. Right now about 1/2 of the amount is at 3.8% (less than mortgage) and 1/2is at 6.25% (more than mortgage). Since they aren't in repayment yet, I haven't really looked at what my consolidation options may be and how that will affect the interest rate.
I hadn't factored in that the mortgage interest would be tax deductible. Thanks!
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Actually, the student loan interest is tax deductible as well if you're under a certain income. I'm thinking $150k/couple.