New answers tagged amortization
1
vote
Additional principal payment split between interest and principal
I made an additional payment with my first mortgage payment
I have found it is much clearer if the additional payment is done as either a separate check, or as a separate transfer. I make my ...
- 126k
0
votes
Additional principal payment split between interest and principal
Read your loan documents or reach out to your lender.
Usually there's a minimum amount you need to meet before it's applied to the principal and/or you need to flag it explicitly.
- 7,604
Top 50 recent answers are included