<prompt> Human: Hey, rpersonalfinance! Thanks for being such a great subreddit. For some time now, Ive just been paying my loans using their auto-payment option. With their recent update, I now have the ability to pay by group for my student loans. What would be my best option regarding getting these paid off? Heres where I stand: Group A - 5.60 - 3,025.06 Group B - 6.80 - 2,059.18 Group C - 4.50 - 3,000.64 Group D - 6.80 - 2,168.56 Group E - 3.40 - 8,571.81 Group F - 6.80 - 2,054.17 Total: 20, 879.42 I just dont know the best way of paying these off. I have been told several different methods by people that I work with, but Ive seen miracles worked on here. Any help is greatly appreciated, and thanks in advance. Edit: FormattingAssistant: Mathematically optimal way: Avalanche1. List from highest interest rate to lowest interest rate.2. Minimums on all except the highest interest rate.3. Highest interest rate: Target with remaining spare cash.Psychologically optimal way: Snowball1. List from lowest balance to highest balance.2. Minimums on all except the lowest balance.3. Lowest balance: Target with remaining spare cash.Try for a simulator.Human: Thanks for that! I will check that simulator out and see what results I get. 1 to you good sir!  <response>: You lucked out with these in as much of a way as someone can luck out with student loans! Your highest interest rates are your lowest balances with the exception of group A and group C, which are nearly the same balance anyway so you can maximize the financial benefits and the psychological benefits because avalanche and snowball give you nearly the same ordering. 