There are opportunities in the market at all times. So I will not try to predict the market. For your student loans, 16k is not a huge sum. Being a recent graduate you should be in your early or mid 20s, I suppose? You can consider the amount of loan you want to pay back monthly and still ensuring you have a healthy cashflow. Assuming you have an income of 3k. After CPF it will be 2.4k and say if you wish to have a surplus of 400 a month, you can work backwards to decide the amount you are gng to pay. And then look at how long it will take to clear. If you are good with it, work from there. If not, adjust accordingly. For me, I work on timeline, for example, say I want to clear my loan in 3 years, I just work on the amount I need to pay per month or year to clear it in 3 years. And from there adjust my expenses accordingly around the loan, having some for insurance, savings, investments and daily living.