Established Contributor
Posts: 731
Registered: ‎08-12-2011
Re: Pay off student loans or keep them as long as I can?

Wow, you got some nice interest rates there on those loans. I believe those closed accounts will stay on your report for 10 years, so you will show a positive account till 2018 for the loan paid off in 2008. With your obvious repayment schedule, you seem to be well off financially. I see no reason not to continue to pay monthly for the accounts with 0.14% interest. Those accounts will stick around longer past the 2018-2022 fall off dates that your paid off loans. You could avoid a huge drop in AAoA in 2023.


I did not catch the interest rate on the $33k outstanding loan. I'd focus on bringing that balance down.