부채 통합: 현금 인출 리파이낸싱의 위험성 설명

### 학자금 대출 상환을 위한 현금 인출 재융자 평가하기
* 💭 Andrew는 학자금 대출을 갚기 위해 현금 재융자를 고려 중이며, **3.25% 모기지에서 7% 모기지로 전환**하고 대출 잔액을 **28만 달러에서 36만 달러로 늘릴 계획**입니다.
* 📉 학자금 대출과 같은 무담보 부채를 주택 담보 부채로 통합하여 **채무 불이행 시 집을 잃을 위험**이 있다는 우려가 있습니다.
* 🔍 특히 **고금리가 수반되는 채무 통합**은 재정적 취약성을 초래할 수 있으므로 신중해야 합니다.
* 💔 앤드류는 모기지 대출에 비해 **학자금 대출 부채에 대해 부정적인 인식**을 가지고 있어 잠재적으로 잘못된 재무 결정을 내릴 수 있는 상황입니다.
* ⚖ 계산에 따르면 재융자를 하면 **더 높은 이자율로 부채 비율을 높이게** 되어 재정적으로 이득이 되지 않는다고 합니다.
* 💡 Andrew는 단순히 빚을 갚는 대신 **학자금 대출을 효과적으로 해결하기 위해 수입을 늘리거나 지출을 줄이는 전략**에 집중해야 합니다.
* 🚀 잘못된 안정감으로 이어질 수 있는 부채를 통합하기보다는 **부채 상환에 공격적으로 접근**하는 것이 좋습니다.
* 🔑 궁극적으로 Andrew는 단순히 부채를 옮기는 것이 아니라 **의미 있는 진전을 이루기 위해 재무 전략을 재평가**해야 합니다.

앤드류는 저금리 모기지 부채를 고금리 학자금 대출로 통합하여 재정 상황을 악화시킬 위험이 있습니다.

[Music] We got a question from Andrew in the queue. Ready for it, Andrew? Yes. It says, Should I cash out refi my mortgage to pay off student loans? Would I be going from a 3.25% mortgage to a 7% and from a loan balance of 280k to 360k? What do you think about this? Wa wait a minute. I don't understand. You understand go from 360 to 280. Surely it's got to be that. Oh no, he's saying that he needs to do a cash. Take the 280 to 360 to pay off the debt. Yes, that's what's the interest rate on the debt. Um, you know, he didn't say. He just said mortgage. Okay, the mortgage balance is going to go from 280 to 360, not his total debt balance. Got it. Or was the student? The student loans were 280. Read it again, ra. One more time. Let me just read. I'm getting a little L too. Okay, should I cash out or refine my mortgage to pay off student loans? Here's some of

the details. I'd be going from a 3.25% mortgage to a 7% mortgage and from a loan balance of 280k to 360k. So, he going to take 80 grand in the cash out, and that's going to go to the student loans. Got it. Okay. Got it. Cool. Cool. Cool. Yep. We're on track, Andrew. Feel free to clarify in the chat if you'd like. Let's start high level before we actually drill into the details of the numbers and the specifics. I am of the opinion, and I think we would agree on this, that you always want to be careful when you're thinking about debt consolidation because that gets a lot, especially in the world of high-interest rates. A lot of people are trying to figure out, okay, how can I consolidate my debts into different things, and how can I really try to squeeze that balloon down to get my interest rate as low as possible? Well, one of the things that's really, really

unique is you want to be careful when you're consolidating debts that you go begin consolidating non-secured debt, right? Like so a student loan. If for some reason you could not pay your student loan and you got into a bad situation, they can't come take the education away from you. They're not going to, you know, walk in your office and rip the diploma off the wall. It does not work that way. But if you trade that non-secured student loan debt and now you use your home, you go out and take a mortgage, and you have a secured asset that you're taking debt out to go pay off that student loan debt, and now you can't pay your debt, well then they can come take your house. That is something you want to be very careful of. So, I something you need to live your primary residence. I would be very careful using that as a replacement for non-secured debt. So, with that sort of big overarching academic principle, what do you think about these numbers, Brian? Like

3.2 to 7 well I I I think Andrew I think you're falling into a mental trap here and I this is look when we talk about personal finance a lot of this stuff we love the math of it but a lot of this stuff 80% of it can also fall into avoid falling into mental traps because you are Your Own Worst Enemy um when it comes to your finances because what you I think you just have a problem having the student loan debt he's got a negative um perception of this student loan debt versus the mortgage because you can tell this by the fact that he has a mortgage uh $280,000 at three 3 and a qu% and that that seems okay to him that he's comfortable with it but then he has this $880,000 in student loan debt he didn't give us the interest rate so we don't have the context on that but he's willing to now throw out the three and a qu% $280,000 mortgage just so he can get 100% of that student

loan debt into the column of Mortgage Debt. And I think that this is bad math and it's a mental trap in the fact that because you're thinking about if I've got to get rid of this student loan debt and then I'll be in mortgage which in your mind is like okay it's okay to have mortgage but whereas when I look at this from an outsider looking into your situation I'm like yeah but you've got a large portion of this at a 3 and 1/4% interest rate probably a $80,000 that's at a higher interest rate with the student loans you don't like the student loans at 7% so it's right at 7% you're going to now throw out you're making my point perfectly this is a mental trap versus an actual Financial trap and the fact that you're now going to move to where I haven't done the math off but essentially 60 to 65% of the debt that you're paying at 3 and a qu%.

you're now going to push up to the higher 7%. That just doesn't pass. It might feel better to say, I've paid off my student loans and it's all mortgages, but from a financial standpoint, I think you're doing some compartmentalizing. That's not healthy. Now, here's what you can do. Student loan Andrew didn't say how old you are, but 7% student loans, depending on your age, right? Whether you're in your 20s or whether you're in your 30s, you do have to figure out, Okay, how do I want to start attacking this? How do I want to be aggressive about paying it off? I think I like the strategy where you're using your cash flow and your earning power to do that instead of just swapping one debt for the other. I think if you're swapping one debt for the other, all you're doing is shifting cards around on the table. You're not actually making any meaningful movement, so figure out how

Can I either increase my income or cut my expenses and really start knocking out this debt to get to a place that I feel more comfortable with?

Should I Cash Out Refinance My Mortgage to Pay Off Student Loans?

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학자금 대출 상환을 위한 현금 상환 재융자 고려하기

앤드류는 학자금 대출을 갚기 위해 모기지를 3.

25%, 28만 달러에서 7%, 36만 달러로 상향 조정하는 현금 재융자를 고려하고 있습니다.

이 결정에는 부채를 통합하는 것이 포함되는데, 특히 고금리의 경우 위험할 수 있습니다.

이 토론에서는 부채 통합 전략을 고려할 때 신중한 태도가 중요하다는 점을 강조합니다.

학자금 대출과 같은 비담보 부채를 통합하는 경우 모기지 같은 담보 부채를 떠안는 것은 위험할 수 있습니다.

담보 부채를 갚지 못할 경우 대출 기관은 집과 같은 자산을 압류할 수 있습니다.

무담보 부채를 대체하기 위해 주 거주지를 사용할 때는 신중해야 합니다.

학자금 대출 부채에서 모기지 부채로 전환하는 것은 모기지 대출을 받는 것이 괜찮아 보일 수 있기 때문에 정신적인 함정에 빠질 수 있습니다.

그러나 이러한 전환은 더 많은 부채에 대해 더 높은 이자율을 지불하는 것으로 이어질 수 있으며, 이는 현명한 재정적 움직임이 아닙니다.

부채를 바꾸는 대신 현금 흐름과 소득을 활용하여 학자금 대출을 적극적으로 갚고 의미 있는 진전을 이루는 것이 좋습니다.

수입을 늘리거나 지출을 줄이면 부채를 효과적으로 관리하는 데 도움이 될 수 있습니다.

추가 수입원을 찾거나 청구서 협상을 통해 추가 자금을 마련할 수 있습니다.

예산을 세우고 필요한 지출의 우선순위를 정하면 상당한 비용을 절약하고 부채를 줄일 수 있습니다.