<prompt> Human: MY wife and I just sold our Condo and used the sale to make a down payment on a house. We received about 7800 back after closing costs and everything. I am planning on using it to pay off one of my student loans.A little background: Combined we make about 85K and I have about 80K in student loans. 55K Gov and 25K personal. There are 3 total personal loans, with the 2 of note being :- 6.6K loan with 11.5 interest. Payments: 78 month- 11.5K loan with 7.9 interest. Payments: 120monthShould I use the remainder to pay off the 6.6K loan and put the rest into savings? Or should I dip into some savings to pay off the 11.5K loan and use the increased momentum to tackle the other loans?Edit: OK so, just to clarify because it got lost somewhere. We sold our condo. Used the equity from that to put a down payment on a house as well as deal with all the taxes and feea. The 7800 is what was left over when all was said and done. I knew we would use it to pay off one of my loans but the amount was larger than I was expecting so I wanted advice on which loan to try and tackle, the high interest low payment or the lower interest higher payment.Assistant: How much cash would you have on hand if you used this 7800 to pay off the student loan?Human: With the 6.6k loan, Id have about 8k. The 11.5k, would leave about 3k. Assistant: So if you paid off the 6.6k loan, youd still have 8k in cash? If thats the case, I would pay off that loan now. The interest rate is really high. Then put the payment youve been making on that loan towards the remaining loan.Human: So you think higher interest is more worth it? The other loan has a higher payment and a higher balance.  <response>: Paying off the one with higher interest is the better option. Youll pay less interest this way, and you will reduce your payments from two to one. But you should definitely plan on continuing to make the total 198month in payments after its paid off. This is how youll get rid of both debts the fastest.If you pay off only a part of the 11.5k loan youll still be paying that same 198month for several years anyhow to pay off the remaining balance. 