Selasa, 17 April 2012

What to do first, pay down debt or save up for house fund?

Question by : What to do first, pay down debt or save up for house fund?
I am 24 with 7k left on a car loan. I already saved 10k for my emergency fund. I have 600 dollars left over each month to put towards a goal. I want to pay off the debt, but I want to save for a down payment on a house so I can buy in a couple years while prices are so low. A mortgage would be less than my rent!

I have excellent credit so car loan is only about 2.9% not bad at all for a car loan...
My monthly payment

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