[WSSix]

What is the interest rate on your home loan?

If you and your wife make less than $150k combined, you can put your money into a Roth IRA. I would do that. With Vanguard, you can pick your stocks or chose a mutual fund. That's who I have and I've done both with my account in case I choose my stocks poorly.

Regardless of what your interest rate is on the home, a simple way to help pay it off quicker is to take one month's payment and divide it into 12. Add that amount to each month's payment which will mean you'll make 13 payments in a year. I can't remember the number of years you'll pay off the loan quicker doing this but it's significant. I personally will do this even if I get a great interest rate. I simply hate having debt.

Oh, and welcome to the forum.