“The only method to ensure your money would go to the principal is always to make sure that your percentage is actually adequate to expend from the interest,” Josuweit said.
New servicer’s payment processing system might possibly be put up to help you automatically incorporate most payments given that prepayments or to instantly incorporate a lot more costs towards the low-attention financing earliest. You want them to utilize the extra money to attenuate the harmony and put the bucks towards your higher-focus mortgage earliest.