<prompt> Human: I have a few debts that Id like to start paying extra towards approximately 1000 per month to pay off, but Im not 100 sure which one I should start paying first to save the max amount of money in the long run. Ill list it in the order that I think I should go, but if you would do otherwise please let me know, and why.1 PMI - Current monthly payment of 97.85 with 46 more payments scheduled until this requirement is met. Current payoff amount to get rid of PMI is 7159.90. Im considering paying this in a lump sum from my savings approximately 17k - which is around 4-5 months pay for emergency fund and another 6k for emergency homecar expenses once I am eligible to pay off the PMI in December by that time the payoff amount should be around 6500.2 Student Loan - Monthly Payment flat: 251.77, Payoff Amount: 16,003.90, Rate: 2.625, of remaining payments: 993 Car Loan - Monthly Payment flat: 285, Payoff Amount: 15,935.76, Rate: 2.74, of remaining payments: 60Overall even though the car loan has a higher interest rate I think this makes sense since the student loan has more remaining payments left, therefore Id save more in the long run by paying the student loan first.TIA for your help!  <response>: Your thinking is incorrect, mathematically speaking. You should always pay off highest-interest debt first, while paying the minimums on everything else. 