<prompt> Human: So my dads company is going through some shit and he is having problems saving for retirement. I offered to take on my massive loan from college and law school about 400k with 7 interest, 1500month payments. My parents have given me everything so when I sensed they were in financial trouble, I offered to help them out. I have no idea what the hell to do really. Do I re-finance it or are the terms I got ok?Our goal is to buy a house. We wanted to have about 400k saved up before doing so.Financials:I make about 150,000yearMy wife makes about 160,000yearWe have around 300,000 saved up already in stocks and cash. We have an additional 170,000 saved up in our 401k which we never touch and contribute to every month.Monthly Income for both of us after taxes is 15,000Monthly Expenses with this loan is now 11,500 - 13,000, which means were barely saving 2k a month. I could probably cut back on food and leisure expenses. Main thing I am worried about are the terms of the loan and whether I should pay the 1400month at the 7 or re-finance to lower payments. Thoughts and thanks for your advice guys  <response>: While this straddles relationship advice, I would endorse taking the loan from them, attempt to refinance the loan to lower payments, and take out of your stocks. As mentioned, the market is a lot more confused than it was five months ago, and growth will not be exceeding 7. Beyond the financial aspect, the loan is because of you, not your parents education, and it is warped that you and your wife are making 300k while offloading so much to your parents. 