I am planning towards buying my first home, however, I have an outstanding credit card balance and a car loan. I am currently considering the possibility of going for a mortgage if possible, rather than having to pay off the balance on my credit cards with my savings. But i am not sure if i will be eligible considering my current situation. I will be glad if i can get some guidance on this. I also will like to know more about the difference between the fixed interest rate and variable interest rate mortgage options as i will prefer a mortgage that allows me to make more than the minimum payment. I am happy to provide more information on my situation.