Discover how making extra mortgage payments could save you thousands in interest and help you pay off your home years sooner.

Mortgage recasting lets you reduce your mortgage payments and total interest by paying a lump sum toward your loan principal. When you recast a mortgage, your interest rate and loan term stay the same ...

If you’ve received a large tax refund, you might consider putting it toward your mortgage as a lump-sum payment. If your payment is large enough — typically $5,000 or more — you may qualify for a ...

Homeowners are increasingly exploring the benefits of making extra mortgage payments to reduce their long-term debt. For instance, a couple considering paying off their entire $483,000 mortgage ...