down payment vs other debt
I'm looking at buying some land this year and in a few years having a house built. I have around $5000 in credit cards and have a car loan.
Is it better to save up so I have a large down payment or to pay off all my credit cards but have less for the down payment? I could pay off my car loan by the end of the year but then I wouldn't have any money for a downpayment.