Bought first home, now looking at paying off debt vs saving?

Answers:0   |   LastUpdateAt:2012-10-12 07:45:55  

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Chirs
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I recently bought my first house and receive credit 8k first time homeowner . My mortgage aside , I'm looking to reward debt and would like some opinions . After my mortgage and personal expenses , which will have about 2k per month and a minimum amount of savings ( 2k ) , most home runs as a down payment . Here are my MedlinePlus loans MedlinePlus 4000 car [email protected] % MedlinePlus 3000 personal loan @ 6 % (from 401k downpayment ) MedlinePlus 2000 private student loan at 5 % MedlinePlus MedlinePlus 5000 private student [email protected] % MedlinePlus 25,000 federal student loan @ 7 % zero credit card debt MedlinePlus MedlinePlus I'm pretty sure the car loan pay 4k , but I'm hesitant about 3k 401k loan until you have a little more savings accumulated . I figured it would undermine student loans on the road because interest is a tax deduction . Is it better to pay off some debt or save? Besides we want to be prepared for anything that may come to the house .
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