Consolidating student loan with buying a home

I have a good job, but I have more than 0,000 in college loans from different banks coming due in two months. A: First, check to see if you have any federal loans, like Staffords.

However, you also could qualify when you leave school or are enrolled less than half-time.Here's what you need to know before deciding to consolidate student loans.Loan consolidation is when a borrower takes out a new loan to pay off several smaller student loans.Through consolidation, student loan borrowers may not experience a reduction in the cost of their loans by way of the interest rate, but they are given a single loan with a single interest rate and one monthly payment.Adding multiple student loans together through consolidation also offers an option to extend repayment over a greater amount of time, depending on the total amount owed.

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