Save for mortgage down payment or pay off car loan?We are saving for a mortgage down payment, but I'm wondering if it's better to pay off one of our car loans. We currently have 2 car loans, each around $300 per month, each have 3 years left of payments, and total owed on each is about $10,000. We plan on purchasing a home for no more than $200,000 and it will be at least a year from now before we buy. We currently have $35,000. saved for the down payment. Should we take $10,000 of that and pay off one of the vehicles, or continue saving all of it for the house down payment?Thank you.Also - the vehicles are our only debt...we have no credit card debt.February 12 2013 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.