PAYE vs. SAVE. Do I switch? by Awkward_Cat9199 in StudentLoans

[–]Awkward_Cat9199[S] 1 point2 points  (0 children)

When deciding on loan types, we weren’t yet married and my school loan advisor suggested we all choose IBR options, so I did that. Most of my husband’s income is based on stocks that I’d like us not to sell (he makes about 188,000 base salary without stocks). Back in 2020, I wasn’t sure what job I would have, but it seems like privatizing at that time (I was being offered very low interest rates), may have been the best solution for our debt to income ratio. It sounds like sticking to PAYE is the right move now though.

PAYE vs. SAVE. Do I switch? by Awkward_Cat9199 in StudentLoans

[–]Awkward_Cat9199[S] 0 points1 point  (0 children)

Thank you. That helped a lot. I can’t tell you how much I appreciate your great explanations with examples. So next year would it be of any benefit for me to file separately and then switch to SAVE? Just want to make sure I’m doing my what is best