<prompt> Human: I owe about 8900 on my car loanits paid bi-weekly at 160. The interest rate is 6.99 per annum, calculated monthly. I can empty my personal savings account, my joint with husband savings account, my TFSA, and half of his TFSA and that would pay off the car loan which ends in spring 2019. When the loan ends I will owe another 4000 or so which I can re finance or just pay out right. So, is it worth it to drain practically every penny of our savings accounts, or wait maybe another year to get a bit more savings and a bit less owing? thank you  <response>: Keep an emergency fund. 