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Can I make extra payments towards my mortgage?

Asked 2 years ago
Yes, borrowers often have the option to make extra payments towards their mortgage with Metlife - Home Loans. Making additional payments can help reduce the principal balance of the loan, which may lead to paying less interest over the life of the loan and potentially shortening the loan term. It is important for borrowers to check the specific terms of their mortgage agreement, as some loans may have prepayment penalties or specific guidelines regarding extra payments. Generally, borrowers should indicate whether these extra funds should be applied to the principal or future payments. If more clarity is needed regarding individual mortgage terms, it is advisable to consult the official Metlife - Home Loans webpage for detailed information and contact options.
Answered Aug 12th 2025

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