one important point that wasn’t mentioned, future debt. I imagine a frugal and financially savvy individual like yourself is interested in how far housing prices have fallen in the past couple years. Having 11,000 extra available for a downpayment will make you both a much more attractive borrower and put you in a position to negotiate the best mortgage possible. In short, while you may not be able to find 5% CDs like we could a few years ago, washing out the interest with a 2.0% savings account (they’re out there) and you basically have an interest free, no-hassle loan with options for deferrment .

Not to mention the fact that you’re basically beating the interest rate with inflation alone (a cost of living adjustment at work, for example)

anyway, those are my two cents and the bigger picture argument…how much you’re going to make doing one or the other is very little.

this helped too, i think i’ve figured out what i want to do now

If I could go back and do it over, I would pay off the debt as soon as possible so I’m going with what “Baker @ Manvsdebt” said. The “freedom feeling” is invigorating! You will feel like there is NOTHING you cannot do. And you can then put the same amt you were paying on the debt into your savings/NTM car fund.

GREAT JOB on managing your money so well!

The answer I believe is a no brainer.

The emergency fund is at a good size, enough to cope with unexpected emergencies.

Pay off the student loan, and even if you don’t pay any money into your emergency fund it automatically becomes able to cope with longer problems, because your minimum monthly expenditure goes down.

Once your monthly minimum goes down, it will be easier to increase the emergency fund after the car depletes it, and then take it up to a couple of years of cover, if you are that way inclined.