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381 | Common Sense Spending Guidelines | Housing

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Is It a System Generated Fee?

Holmen: I've always heard that you pay an additional amount specifically to principal, so you're not making a full second payment of your mortgage. But with the way you're describing it, it sounds like you were trying to make a full extra payment, and then they did choos somehow. It's kind of fool proof. It just gets lopped off of principle. And this is why i was a little frustrated going into the call, because i feel like, at the end of the day, absolutely it just went,. The extra money just went to principl i'm convinced of that.

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