With Savings - Pay off loans, invest more in 401k, or save up cash for down paym

[SpendyMcSpend]

I will be saving between $2000-$3200 a month going forward.  I'm 32 years old.

Student loans:

$20,000 at 3.17% variable (around 2.6% over LIBOR, variable) max interest rate is 25% - minimum is $235 a month until 2023
$13,000 at 6.55%  minimum is $167 a month until 2022
$14,000 at 2.62%  minimum is $82 a month until 2033

Liquid cash:  $3500
Credit card debt:  $900
Current 401k balance:  $111,000

As the cash comes in, should I be saving for a down payment (should take about $100k for a 20% down payment should I buy a house in the future so it will take me a few years to save this up), paying off one or more of my student loans or maxing out my 401k instead of having cash come in after-tax?  My yearly income is 95,000 after bonus in early febs but salary is 85,000.

Pros and cons to each?  I am happy to answer more questions also.  I might need a little cash for a wedding in the next couple of years also and need to replenish my professional wardrobe as well.

[beee]

max out 401k up to employers match (nothing beats 50%/100% return), pay off the loans with everything else

[MDM]

401k up to match, then the 6.55% loan, then HSA, then 401k to maximum, then IRA, then taxable.  All the while paying the minimum on the ~3% loans.

Didn't have that option for voting....

[Merrie]

401k to match, then credit card debt, then 6.55% loan, then add more to 401k to avoid taxes while paying down other loans. Assuming you are single with no mortgage or dependents and not a lot of deductions, a lot of your income will be taxed at a high rate. You can deduct only a certain amount in student loan interest, but it's also good to have that debt gone asap to free up money to invest in something else.

[aneel]

Seems like there's no reason you can't max 401k and pay off the high interest SL

[SpendyMcSpend]

Seems like there's no reason you can't max 401k and pay off the high interest SL

So down payment to diversify my long-term investment holdings is not on the list yet?  I agree that the loan should be first.  I'm a little concerned that we might be at a market top so wonder if housing might be a better idea than more stocks.

[midweststache]

401k up to match, then the 6.55% loan, then HSA, then 401k to maximum, then IRA, then taxable.  All the while paying the minimum on the ~3% loans.

Didn't have that option for voting....

+1.