A debt-to-income ratio is the percentage of a person’s monthly earnings used to pay off all debt obligationsBesides making my monthly mortgage payment, how can I build equity into my house?
When making your monthly mortgage payment, try to send a little bit more. This will go directly to the principal of the loan rather than the interest. Even an extra $50.00 per month can quickly build your equity, as well as knock years off of your loan.
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