<prompt> Human: Hey all, Wife and I combined have about 40k-45k worth of loans. We are doing minimum payments for now that come out to about 510 a month. We currently have about 81k in cash, since we were saving up to buy a house. Question here is, should we just bomb cash on the loans and pay them off? Thats an extra 500 we can have per month to our selves and savings. Even now with loan payments we save between 2500-3000 a month. Thoughts? Im honestly scared of losing that much cash liquidity so suddenly.  <response>: Id pay off the loans and then save the 500 a month you were throwing to them. Why pay interest when you dont need too and have the money to pay the loans off? Seems silly. Only reason I wouldnt pay it off is if the interest rate is very lowless then 2 then the money may be better off going towards your new home. 