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Originally Posted by b4freedom
Pay off 9% loan first. Then, only make minimum payments to 3.95% loan. Instead, apply the extra into a high earning interest account or IRA earning more then 3.95%.
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To come out ahead after the earned interest is taxed, you would need to get more than 5.25%. I would pay down that 3.95% over storing money in a high yield savings, unless I had certain savings goals.