<prompt> Human: Total Income Combined 260kStudent Loan debt: 100k 6.5Saved for Downpayment 150kLocation Southern CaliforniaId really like to buy a house at the end of the year but I am still struggling with if its better to pay off the student loan and wait a few years to rebuild the downpayment stash. The Student loan is part of public servant repayment so after about 8 more years it can be forgiven completely, but by then itll be mostly paid off as we pay full amount anyway.  <response>: Pay off that student loan ASAP. Youre paying an insane amount of interest on it: about 18 per day. Youve already got 100k in debt. If you buy a house right now, youll just be adding to that debt. Think about what percentage of your income will be going toward paying just interest every month -- it would be a staggering amount.If you pay it off, youve still got 50k in the bank. Just simply transfer the amount youre paying each month for a student loan toward the down payment. That, plus whatever youve been putting toward saving for it, should get you back up near 150k relatively quickly. 