getting a large tax refund, is it better to pay off debt usually? Or to use it towards a down payment?

More info needed, but if you talk to most financial planners, most all will tell you that CASH IS KING.. the more $$$ you keep in the bank, the better.. That being said, if you have some high interest rate credit card's with balances, it might make sense to pay those off, but when it comes to purchasing a home, your better off putting down the minimum.. Rates are near an all time low, so it make no sense to put more down than needed.. But don't take my word for it.. try contacting a local mortgage broker and let them look at your complete loan profile.. once they see the whole picture, they can advise you which would make the most sense.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347