Why not use your downpayment to settle the car loan 1st. Then you can borrow more for housing loan and can afford a higher price property.

Mortgage is cheaper than Hire Purchase anyway. And new launch normally no need downpayment.

*sorry just notice this is an old post. Disregard my comment pls.

This post has been edited by zestsc1028: Dec 16 2016, 11:22 AM