<prompt> Human: I have several distributions of student loans and I have the option to pay off distributions as I please, but Im not sure what would be the best way to apply my payments in order to reduce the amount of interest I pay. Example: I have one loan for about 12,000 6.2 and one loan for about 3,000 5.8. Should I try to eliminate the small loan first or chip away at the larger loan; leaving the large one untouched? Or, should I just spread my money evenly across the 5 loans that I have? Edit: There are five different distributions of the same loan so I do not need to pay a minimum on each distributions. I can apply my monthly payment 400 to any or all of the distributions in any way I see fit  <response>: Check on a site called unbury.us. Its an amazing tool that allows you to put all of the loans in and a total per month you are willing to pay. It calculates the order to pay them off using either an avalanche or snowball method. 