<prompt> Human: Hi guys!Im curious if when paying off debt, is it better to pay off loans that cost you more in interest per month or loans that have higher interest rates.For example:I have a 10,000 loan at 8.I have a 2,000 loan at 24The 2k loan costs 40 monthThe 10k loan costs 67 monthWouldnt it be better to be making more payments to the 10k loan until it reaches an equal or lower monthly cost than the 2k loan?Thanks!  <response>: No. This is a particularly good example of this.If you pay an extra 1000 to the 10,000 loan, youll save 80 over the course of a year. On the 2000 loan, youll save 240.240 80. 