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
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3000 personal loan @ 6 % (from 401k downpayment ) MedlinePlus
2000 private student loan at 5 % MedlinePlus
MedlinePlus 5000 private student
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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 .