Situation:
$7600 gross per month
$1232.13 per month in mortgage PITI + HOAs
$1315 Alimony (expires in June '10)
$528 Child support
Approximately $1200 per month on minimum (2%) CC payments (5% beginning Aug. 1)
Unknown utilities, closed at the beginning of...
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401k Loan Repayment + Contributions
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New Income-Based Repayment Program for Federal SLs starts July 2009
What are these new programs?
* Income-Based Repayment
* Public Service Loan Forgiveness
Income-Based Repayment
Income-Based Repayment (IBR) is a new payment option for federal student loans. Starting July 2009, it will help borrowers keep their loan payments affordable...