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Currently on my home I am running an 80-10-10 loan. That is:

10% down
10% 15 year loan VPR
80 30 year loan fixed 7%

Now, the 30 year loan is good. 7% plus deducting interest makes it a good thing.
The 15 year loan is variable, and is currently at 11%. Deducting the interest still makes it a bad loan.

Currently I make tiny monthly investments into indexed funds (via buy&hold), in addition I try to pay a little extra toward the 15 year loan, and I am getting ready to make my $2000 Roth contribution for the year $2000. (can you say stretched too thin?)

Should I quit investing and instead focus on paying down the 11% loan? I have it down to < $15,000 already, so in theory I could be rid of it in 4-5 years (rather than 14). Is this a more rational strategy than paying into my monthly investment?

Does the answer change if we are talking Roth IRA instead of just monthly investment into an taxed indexed fund?

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