<prompt> Human: My largest loan was 11k 6.8 out of grad school in May 2010, it is now 550 and will be paid off at the end of this month. Yes, i have more loans, but FINALLY I can officially knock out my biggest loan, eating up all that interest. Just wanted to tell those who may appreciate this. My wife thinks we should keep saving, but I hate having the debt and I feel will affect us down the road when we want to buy a house if our debt is too high.  <response>: As long as you have an emergency fund, pay off those loans. If you dont have any emergency savings, you should definitely save some money too. 