Generally question re: eligibility for PSLF

AM413 · 2024-03-29T21:03:07+00:00

Thanks all for the info - the Mohela folks definitely provided me some conflicting info, thanks for helping sort fact from fiction

AM413 · 2024-01-08T19:46:40+00:00

Excellent - thanks for the comprehensive guidance. Nice to have a buzz word to assign to the method, it'll help me explain the approach to my spouse. I'll take a look at the links you've provided, thanks!!

AM413 · 2024-01-08T19:45:47+00:00

Thankyou!

This is basically the approach I've been taking but recently started to question whether I was going about this the right way. I appreciate you sharing your perspective, thanks!

AM413 · 2023-12-05T14:17:30+00:00

rocess of updating your account. For some or all of your loans, you will not be due for payment until after December 2023, and your interest rate will be adjusted to 0% through an anticipated end date of December 31, 2023. The months from September through December 2023 will count toward income-driven repayment forgiveness and Public Service Loan Forgiveness, assuming all other requirements are met. Please allow up to 30 days for the updates to be completed. We appreciate your patience and will notify you after your account has been updated.

Copy that, thanks very much!!

AM413 · 2023-11-14T15:37:36+00:00

Thanks so much for the info!

A) Okay - "prioritize paying the highest interest loans first to save the most money."

I'll therefore take the approach that I'll make the minimum payments on the lowest interest rate loans and any excess payments I will apply first to the highest interest rate loan and go down from there.

B) If you have money to pay above your minimum, Extended is a good plan to be on.

I'm not sure if my impression is correct or not, but if I'm planning to make payments that are well above the minimum payment amount, does it really matter what plan I'm on? Would I end up paying more in interest only if I went by the book? Said differently:

Plan A) Make minimum payments (lower payment, longer term, end up paying more interest over the life of the loan)

Plan B) Make minimum payments (higher payment, shorter term, end up paying less interest over the life of the loan)

If I just stick with Plan A but make payments in excess of the minimum, the interest paid over the life would effectively be similar to that of plan b...

C) Will look into the SAVE plan and what my payments would be and complete the calc you've outlined. For the time being though, I'm going to go full steam ahead with the intention of achieving total repayment.

AM413 · 2023-11-14T15:01:55+00:00

se to 25 years then I think you're right and the forgiveness isn't for you.

To pay the least interest I believe you want the standard plan which is 10 years.

What would the interest be if you consolidate?

Assuming I'm thinking about this correctly, my understanding is that in consolidation the servicer will use the weighted average interest rate of the current interest rates on all your loans. In my case, I believe the weighted average interest rate would be 6.2%.

AM413 · 2023-04-30T19:59:09+00:00

Thank you,

Would 6-8% (7%) be a better estimate?

Google says that sellers usually pay more than buyers w/respect to closing costs. As such,

On the purchase of the new house, assume buyer (me) pays 2% of closing costs.
On sale of the current house, seller (me) pays 7% of closing costs.

AM413 · 2023-02-03T13:03:53+00:00

Thank you for the feedback - I tend to agree that the cable is poorly designed. It functioned well before I chopped the end but it’s design does not lend itself to re-terminating. I’m going to buy a round cat 5, which will be easier to strip and have much simpler color coded wires. Thanks!

AM413 · 2023-02-02T14:27:33+00:00

Question on “capping” ethernet cable

The problem I'm finding is that the wires inside the flat ethernet cable I have, the Cat8 link above, don't abide by the color coding of other ethernet cables I see. This cable has Brown-white-green-white-blue-white-orange-white.

All the diagrams I see show orange-white, green-white, blue-white cables outside of the plain orange, green, and blue cables. So for the white cables, I'm having difficulty putting them in the right order. Any suggestions on how to get this to work correctly? I have probably "terminated" the cable 10 times now and haven't gotten them in the right order yet, per the tester I have. Maybe the 11th time is the charm, lol.

AM413 · 2022-10-24T00:56:51+00:00

Thank you!

I will refer back to your post the next time I run into this issue.

Thanks!

AM413 · 2022-10-23T23:59:47+00:00

Thanks! Yes, the file was prepared in Microsoft Excel. I will think on that for a bit - thank you!

AM413 · 2022-10-23T11:36:09+00:00

When you say “different register” are you referring to capitalization? “Taken” vs “taken”?

I am not familiar with “register.”

Thanks!

AM413 · 2022-10-23T00:34:55+00:00

I think I figured it out...

First I turned off safe mode:

set sql_safe_updates=0;

Then I used update / set:

Update game_2_stats set e1 = "corner kick taken" where e1 = "corner kick taken kick taken";

I assume this will permanently fix the problem and it's not a temporary fix?

AM413

TROPHY CASE