A schedule that breaks down how principal and interest are applied with each monthly payment throughout the life of a loan. Usually provided at Closing.

You can also make a one-time payment through your online account. Check out our Smart Calendar for important information about your due date, grace period, and more. Here’s a video on how it works and where to find it: © 2025 Nationstar Mortgage LLC d/b/a Mr. Cooper. Mr. Cooper is a ...

We accept payments from checking, saving, and money market accounts, as well as checks, money orders, and cashier’s checks. Payments can be made many different ways. Note: We do not accept debit or credit card payments at this time. What is a grace period?

When sending additional funds that require special posting instructions, such as additional principal or fees, please indicate that on your payment coupon. If you don’t have a payment coupon, please include the posting instructions on a separate note included with your payment.

Recasting a mortgage happens when you put down a lump-sum payment toward the principal balance and the lender re-amortizes the loan. Since you are paying down your principal by a large amount, your monthly payment will be lowered, but your interest rate and loan terms will rema...

Biweekly AutoPay will automatically draft a half-payment from your account every 2 weeks (14 days). There will be 26 withdrawals a year. There will be 2 months during the year when a 3rd half-payment will be drafted and posted to the account, as a principal payment.

Once your identity has been verified, you can say something like “ make a payment ” to get started. Just call 833-685-2565 to use our automated phone system. If calling from a number saved to your account, our system will automatically identify you.

On your monthly statement, you’ll see what you owe and how much is going to principal, interest, escrow (taxes & insurance), and anything else. Other key information on your monthly statement includes year-to-date amounts and your current interest rate.

Find out how to apply your principal payments and save money on interest. Learn six tips to pay off your mortgage faster, such as making extra payments, switching to biweekly payments, or ref... The 2 extra half-payments will help reduce the overall interest you pay on the loan and...

Payoffs must be made via certified funds—wire transfer, money order, or cashier’s check. Please do not send personal checks, certified personal checks, or cash. Your payoff quote statement will include all of the information you need about our receiving bank for wires. Note: We sugge...