u/biggestcake

I currently have an auto loan with 12.1K remaining at 6.79% interest and a little under 3 years left on the loan and that is my only debt. I also have an emergency fund with around 17.5K earning 3% interest in a HYSA. I have recently been considering taking 7.5K from my emergency fund to apply towards my car loan in order to save on interest, then moving my contributions for my emergency fund to my car to pay off the car by early next year. Once it is paid off I would take the amount I usually spend on the car payment to replenish the emergency fund. This seems like a good idea to me due to the ROI from saving on interest, however I feel like I need a sanity check before doing it.