Vea cómo hacer pagos mensuales adicionales puede ayudarlo a pagar su préstamo más rápido y ahorrar miles en intereses.
When you make an extra payment and specify that it should be applied directly to the principal, you reduce the loan balance. This means that in the following month, the interest calculated will be on a smaller balance, leading to less interest paid. Over time, this effect compounds, allowing you to pay off the loan significantly faster and save a substantial amount of money.