<prompt> Human: I owe 12378 in my 2009 Toyota Corolla at 5.740 rounding 86000 miles. KBB valued my car in excellent condition at 7,088 which means I am f underwater.Fortunately I have 10,500 in my checking account with all bills paid for this month. My next bill is due on the 15 108 insurance of March which gives me fourwife also works free paychecks until then. I was thinking of dropping everything on this car loan and in the next month or two completely pay it off. The only thing I am afraid is having nothing later on but It would free me from the 308 payment I make for that car.Me:440wkWife: 280wk  <response>: keep 6 months expenses in savings.anything over that should go towards the highest interest rate debt.assuming this is your only debt, pay it down with whatever you have in excess of 6 months, and pay the rest off as you go. youre freaking out over nothing. 