About me: If you make additional home mortgage paymentsYour
principal payment can compoundIn the sense that a
lower outstanding balanceWill lower each
subsequent interest paymentHowever, if you paid an
additional $100 every month on top of your
necessary mortgage payment, the principal part
would start compounding. In month one, you 'd
pay $1,532. 25, with $1,000 going toward interest
and $532.
This would not supply any extra
