A financial question?
Would it be better to make a down payment on a property or pay off all of my debt?
Answer:
PAY OFF YOUR DEBT!
The very best investment you will ever make, one with an absolute guarantee on your return . is to get out of debt and eliminate paying all of those interest charges!
Then, start saving the money that you had been using to pay on your debt, and in no time you will be able to make a nice down payment on property.. wooo hooo.. no debt AND property!
By the way, I am sorry that you lost a relative. Hope you are doing OK with that.
Best wishes.
Without a doubt paying off your debts is the better alternative, especially if they are interest bearing. That is a guaranteed roi.
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Good Luck and Best Wishes!
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