<prompt> Human: My wife and I are about to purchase our first home and were wondering if it would make sense to try an consolidate debt at the same time. We currently are putting 95k toward the home and we have about 40k in student debt at 6.8. Does it make sense to take out the max amount from our 401k iras that can be used for down payment and pay off our student loans? My understanding is that loan from 401k carries interest of 1-2 pts above prime so like 4-5 which is better than the 6.8 were paying now. I see this as an opportunity to knock out the loans by taking advantage of tax laws favoring first time home buyers.Thanks  <response>: A better strategy might be to put less toward the home and use some of the 95K to pay off the student debt. I wouldnt mess around with 401k loans, since theyll almost certainly come due if you lose your job. 