Sallie Mae Smart Option Student Loan
Great Lakes Borrowing (They bought my government loans WTF?)
Ok so I'm trying to pay these bad boys off. I know I should be saving up money to buy a house but I anticipate living home for another two or three years because the market is about to get screwed over by the government (btw I'm 23.)
ANYWAY... My original thought was "Make the minimum payment on all of the loans and then throw the extra money at the highest interest one (it was at 6k.) But now I realize the way APR works that may not be the best idea. Maybe I should pay down the loans equally because a 9% loan at 3k might generate less interest than a 7% loan at 7k.
Anyone know how I can figure this out?