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<<If that's satisfied, I'd look at putting your "tiny monthly investments" into the 11% loan, rather than into the funds--those are unlikely to grow at significantly better than 11%, and the additional payments will help you get out from under the loan sooner. If at all possible, hang onto contributing to your Roth. That's a lot of money in the out years.>>

Keep in mind that you get significant tax deductions for the interest paid on a home equity loan. Still 11% interest is still high and it might be worth paying down (I need to take my own advice on this perhaps - I have a 10% loan with nearly the same balance - but it is fixed rate).
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