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Settling loans at 4.5% for a decade vs. 3.5% for five years. Paying down loans early: refinancing and investment situations

The worth that is net $327,509 having a five-year 3.5% refi on a $100,000 loan with a $150,000 income, with 20% planning to loans and investing. But exactly what in the event that you chose a 4.5% fixed price on a term that is 10-year therefore more cash could visit investing? Here you will find the results:

With one last web worth of $324,911, you’d end up richer, presuming a 5% investment return paying down your student loans aided by the lower-cost, five-year rate that is fixed. Continue reading