Order of Importance

[feh]

I agree with your about knocking out those auto loans asap.

I disagree. While the loans really shouldn't have been taken in the first place, at those interest rates, it does not make sense to pay them off early. Another option would be to replace one/both vehicles with something less expensive, as mentioned by others.

Save money for the DP on your next house. After that, try to increase retirement savings to 15-20%.

[JoeP]

Going forward, I'd keep those cars as long as possible, and save up some salary into a Car Fund. Then your next car can be purchased for cash or at least a very small car loan. We do this for other funds to help enforce budgeting and it really helps.