is a solid phased plan. With savings yields near your 5% loan rate the tradeoff for not prepaying is small, so liquidity is king right now. One tweak: if you can realistically hit the PMI threshold in two years, tilt more to the house fund because avoiding PMI can beat a 5% prepayment; if not, don’t starve the emergency fund to chase it. And when you do send extra to the loans, make sure the servicer applies it to principal, not advancing your due date.
