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i pay extra on my mortgage each month, is it better to pay the extra and it go to your principal or escrow acct?

Comment

paytonkel
30-03-2012

2 Answers

Votes

Older

Newer

As far as I know, it won't go toward your escrow account. You can negotiate with the lender so that the extra money goes toward your principal amount.

Comment

jameshogg | Asked on 2012-04-01

You should sign an agreement with the lender so that he puts the extra payment toward your principal.

Comment

smith.sussane | Asked on 2012-04-02

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