I believe most lenders require you to make a payment each month regardless of whether you've paid extra or not. I don't have a mortgage yet but have read this.

I believe most lenders require you to make a payment each month regardless of whether you've paid extra or not. I don't have a mortgage yet but have read this. Really odd, in my opinion. I agree that paying early improves your ability to move, though. You're less likely to be "underwater" (lose money) selling the house with more equity.