Re: Pay off car or buy house?
Are you a member of any credit union? You might be able to refinance your car for free at a lower interest rate. Heck, maybe even a bank would let you do it. I refinanced my car at my credit union at a MUCH lower interest rate.
I don't think the bank will really "care" about your car loan. Everyone has a car payment. What you don't want is any credit card debt.
For $25,000 down you shouldn't have any problems. I'd buy the house, start deducting that interest on your taxes, and what principle you do use to pay off the mortgage should appreciate in value over time, rather than depreciate like it does on your car.
If your credit rating is bad... just buy a house and make payments for a couple months.. suddenly it will shoot up.
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