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

Recasting lowers your monthly payment, but it doesn't shorten your mortgage or maximize interest savings. Making an extra principal payment won't lower your monthly payment but can reduce the total ...

One of the most challenging aspects of starting the homebuying process is figuring out how much you can afford. With CNBC Select's mortgage payment calculator, you can see how various factors will ...

Making principal-only payments on student loans (either monthly or just occasionally) can help speed up the payback time and lower your overall borrowing costs. But just making extra payments on your ...

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 ...