In the early years of the decade I was in a pretty good Language and Lit PhD program--never finished, still kicking myself--but from what I gathered there a funded MA from anywhere was much more prestigious than an unfunded MA from even the most prestigious universities in a subject as nebulous as "humanities." (An unfunded MA in area studies might have been looked at differently, but I'm not so sure.)
Keep in mind that professors in the humanities are underpaid, so they usually are impressed more by the money you got to study somewhere than where you were studying.
I remember talking to Classics professors about grad school (probably 10-12 years ago) and they would all say, The top programs are Harvard, Berkeley, Princeton, Michigan with UNC, Cornell, and Texas up there too, but if you can, go to UCLA because they're giving away money.
With Medieval studies, the top program in North America was always University of Toronto, but professors pushed Notre Dame because of the funding packages.
Go with the money.
When you apply for PhD programs, you'll put the name of your MA institution and underneath it you'll put your fellowship/prize/whatever. Kansas or FSU with a fellowship definitely looks better than the MAPH that you shelled out $50,000 for. It would probably be more financially sound to just offer a $10,000 bribe to the head of the department you want to do your PhD at.
The MAPH might help you with PhD admissions, because you'll do more work, could pick up another language, and have time to revise your application. But you'll get the same and more from a funded non-scammy MA program.
Finally, look at it this way: Kansas and FSU are willing to pay you because they want you to study with them. Chicago wants you to pay them so they can take that money and kick it towards their PhD students: the people they really want to have study with them.