<prompt> Human: Hi rpersonalfinanceI currently have 15,000 in my checking account. I opened up a savings account with Ally and put in 5,000. My question really is what should I do with the remaining 10,000? I have thought about putting it towards my students loans 6.55 interest rate - about 28,000 balance remaining.But I have also thought about buying my first home. I have a secure job, 38,400year before taxes - I am also scheduled for a 1,200 raise after next contract year, and I am usually a pretty frugal person. I would own this home by myself, but I have thought about getting a roommate in a 2nd bedroom to help cover the mortgagecosts of living there.I am more tempted to give a lump sum to my loans since those are a higher interest rate and a pain in the ass, but I just wanted anyones perspective. I am very new to all of this, so any helpful advice is much appreciated.  <response>: Pay down the student loan, that interest rate is high enough that Id make killing that debt a priority. 