I am debating my options. I want to buy a home. What I am wondering is what to do with my finanaces.  I have roughly 7k dollars saved. I owe 17k in students loans. Would it be better to put that 7k toward paying down the student loans faster or save it for a down payment on a house?

3 REPLIES

The question you need to answer is the 17k running interest? And if not will it be paid off before it does start accruing interest?
If the student loan payment is manageable, then continue to save for a home. 17k is nothing for a student loan.

Dear ETBell,

I encourage you to contact our team of financial advisers here at USAA at 1-800-771-9960, who will be able to help you figure out a good plan to balance savings and paying your loans! Best of luck!