Pay the car loan since interest on it is not tax deductable -- assuming you can take other than the standard deduction. Make sure its one you can repay early and that it goes towards the principle --- not just paying months in advance. If not the case then pay towards the house --- or put it in a 6 month or 1 year CD at E-Trade for 5.3%
Hi!
>
> Should I have 1K to reimburse a loan, should I give it to my mortgage > which
> still has 20 years to go, or to my car loan which has 4 years to go? They
> both have 5.8% cost.
>
> Many thanks!
>
>
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> Daniel
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