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Jul 9, 2016 at 4:05 comment added Loren Pechtel I've paid extra--simply a larger check, no note. Two mortgage companies, in both cases it worked exactly as expected.
Dec 18, 2014 at 0:02 comment added JTP - Apologise to Monica As @littleadv stated, this actually might have been the case, but I agree the laws now force banks to apple extra money to any late fee (of course) and then to principal. I have a payment I make by computer, and I track the extra going to principal, with my making a note any place.
Jan 26, 2013 at 16:46 history edited JTP - Apologise to Monica CC BY-SA 3.0
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Jan 25, 2013 at 11:59 comment added Aaron D. Marasco This sounds more like a comment than an answer. Additionally, I have never heard of nor experienced that happening on a mortgage. On other loans, such as a car loan, that can be the case.
Jan 25, 2013 at 5:33 history answered Eric Gunnerson CC BY-SA 3.0