Making extra payments can help lower the amount of total interest paid, as well as shorten the payment period over the life of the loan. The extra payment amount goes toward the principal, which lowers the total dollar amount that can be charged interest.

Loan type:
Loan term:	years
First payment date:	(mm) (yyyy)
Loan amount: $
Interest rate:	%

Extra payment frequency:	Monthly Annually One-Time
Starting:	(mm) (yyyy)
Amount: $

Mortgage questions? Talk to a Mortgage Consultant by calling 1-877-SF4-BANK
(1-877-734-2265).

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