[gakline]

I am almost in the same position. With student loans, mortgage and savings. I would suggest not paying down the student loan any faster than necessary as long as you're earning more intrest in your saving account. Student loan interest is deductable.

I would suggest saving the money or splitting it evenly between your mortgage and saving. Yes you will get the money back when you sell, but it's also tied up in the house. If you end up carring two mortgages that extra cash will hold you over. Also it will appear that you have more liquidable assets.