Should I pay my Loans off??

TL/DR: should I pay my loans off or pay partially and keep the accounts open?

My credit score dropped 80-100 points (different scores) because of loans and credit utilization during home renovations. The home is currently being sold and with the profits I plan on paying off all/some debt. I already have the credit utilization under control but I still have 3 loans: $13k, $10k, and $5k.

These are my options

1) Pay off all 3 loans and be debt free.

2) Partially pay down the loans to lower my debt-to-income.

What would be the pros and cons of each option?? I’m aware that paying off the loans would temporarily drop my score. I’m also aware that having the high loan balances affects my debt-to-income ratio.

Thanks in advance!