Will interest capitalize when we leave SAVE in July (90 days notice thing)? If maybe yes, which plans? Is there an argument for my paying off that interest now before even recertifing in July?
Interest Capitalization leaving SAVE? Advice please
byu/thewalkingcure inStudentLoans
Posted by thewalkingcure
2 Comments
No. As u/waterwicca said,
>*Interest only capitalizes when you leave IBR, hit the standard cap on IBR, or fail to recertify for IBR.*
https://www.reddit.com/r/StudentLoans/comments/1rpz8nn/will_interest_capitalize_when_forced_off_save/
https://www.reddit.com/r/StudentLoans/comments/1m31b6e/i_dont_understand_how_interest_capitalization/
https://www.reddit.com/r/StudentLoans/comments/1s98wov/those_that_have_been_moved_out_of_save_did_your/
Etc
gosh thanks for that. Feeling better now.