<prompt> Human: What isrpersonalfinances opinion on paying off two car loans for two separate cars? Me and my wife can pay an extra 50.00 a month towards the bills. Does it make sense to pay 50.00 on one of the loans or 25.00 on each of the loans? If just one of the loans, which one:Loan 1: 9,610.42; 4.99; 37 payments leftLoan 2: 9,153.63; 2.16; 35 payments left  <response>: You will pay the least in interest if you pay off the highest interest rate first and then put the other payment towards the remaining loan. 