Pay down up to 20% of the original principal balance, per year, without penalty.
You can also increase your monthly payment by up to 20% of your original payment plan each year (or a combination of both).
This feature is as simple as it sounds – we let you skip one month’s worth of mortgage payments, once per calendar year, to give you a little breathing room.
Having a mortgage is a long-term commitment. Choose a payment schedule that suits you and fits your budget. Make weekly, bi-weekly, monthly, semi-monthly or accelerated weekly and bi-weekly payments.