• Welcome to The Student Loan Debt Forum | The College Investor. Please login or sign up.
 

Show posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - studentloaned

1
Thank you!
2
I'm also in a RPAYE pickle and could really use a second opinion. 

Current RPAYE loan total is $221,600 at 7.125%, for a graduate loans. Currently income is at approx. $100k, but it could slightly fluctuate up or down over the years.

Is it the SAFER bet to just refi with a private loan with PENFED (12 years at 4.91%) or stick with the RPAYE lower monthly payment and deal with the potential tax hit after the 25 years.  My gut says to go with the refi since I can afford the increased payments and like the idea of getting out of debt sooner... but I would love a second opinion to make sure I'm not making a big mistake to get out of the RPAYE program.

Thank you!!!