I have two students loans left. I could either pay them off now or invest in my taxable account. The loans are:

Loan 1:

Principal balance: $5,229.45

Interest rate: 1.625%

Interest rate type: Fixed

Subsidized

$99.50 monthly payment

Loan 2

Principal balance: $1,170.87

Interest rate: 2.5%

Interest rate type: Variable

Unsubsidized

$50.32 monthly payment

What would you do -- pay them off for the peace of mind or invest, thinking that your portfolio will out perform the interest rate?