Car loan— 12,000 to pay off, interest rate is 7.8% Federal student loans— 6,000 to pay off, interest rates average about 4% I called Wells Fargo, as this is what my auto loan is through and they told me their is no benefit to paying off my car early (as in I won’t save any money) very confused as I know this is a “fixed loan”. Obviously it is better to pay off the higher interest rate, but if it’s a fixed loan does that matter?? Any advice on which to pay off first??