When it comes to buying a house, figuring out whether to put a sizable chunk of your savings into a down payment or tackle that student loan debt can feel like trying to choose between Batman and Superman—both have their merits, but which one saves the day for you? With about $90,000 saved for a down payment and $92,000 in student loans, you’re in a unique position to make a significant financial decision.

Let’s start with the down payment. Putting down a larger amount can be like flipping a switch from a dingy basement light to a dazzling chandelier. Not only does a bigger down payment lower your monthly mortgage payments, but it can also help you dodge Private Mortgage Insurance (PMI). PMI is that pesky extra cost that lenders impose when you put down less than 20%, and it can feel like paying for a ticket to a concert you didn’t even want to attend. By making a larger down payment, you could save thousands over the life of your mortgage, which is like finding a hidden treasure in a video game.

On the flip side, you have your student debt. With payments deferred until January 2026, it might feel tempting to ignore it for now, but that doesn’t mean it should be out of sight, out of mind. Student loans can carry high interest rates, and paying them off sooner rather than later can relieve you of that financial burden. Think of it like defeating a boss in a game—you take that weight off your shoulders and level up in financial freedom.

So, what’s the right move? If you go for the down payment, you might secure a lower mortgage rate and save money on interest long term, but this strategy could stretch your finances thin if you still have debts hanging over your head. Conversely, focusing on the student loans could clear the way for a more stable financial future, allowing you to tackle your mortgage without the extra weight of monthly loan payments.

Consider your comfort level with debt. If the thought of carrying both a mortgage and student loans keeps you up at night, it might be wise to lean toward paying off some of that debt first. On the other hand, if you’re confident in your ability to manage both and want to snag that dream home sooner, a larger down payment could be the way to go.

Another angle is to look into refinancing your student loans, especially if you could secure a lower rate—doing so can reduce your monthly payments and free up cash to put toward a down payment. Plus, if you’re eyeing homes in a competitive market, making a strong offer with a significant down payment could make you a more attractive buyer.

Ultimately, it boils down to your personal financial goals and comfort levels. Whether you decide to throw a big party for your down payment or take the time to defeat those student loans, make sure you’re staying true to your financial strategy. After all, just like in your favorite sitcom, the best outcomes often come from a mix of planning, timing, and a little bit of heart.