What would you pay first? Mortage or Student Loans?

[hillegom]

Pay off the higher interest rate loan off first. You will save in the long term.
We used to pay off the credit card, every bill, with the line of credit or overdraft. This saved us money, as the LOC was 1/2 over prime and the card was 18%
I don't quite understand what that new 5000$ savings account is for. All you get out of it is non taxable interest. Well, the interest rate for savings is really low now. You could see more savings if you pay 5000 towards a high interest loan. Like you are paying 6% on the loan, however you only receive about 2% on your savings, if that.