<prompt> Human: Which would make better to pay off first ? The loan is government subsidized and in subsidized . Its not a private loan .  <response>: I would probably do the student loans first. Fortunately, federal student loans are friendlier than private student loans if you run into income problems in the future. But you still would have a very hard time discharging them in bankruptcy if you had some catastrophic financial issues.However, if you are still paying PMI on your mortgage I would probably focus on getting that removed first.Also keep in mind that youve got a great rate on both. If you arent yet maxing out your retirement funds, and cash flow isnt an issue, then you may want to just consider investing instead of paying off your very low interest loans. 