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Can I pay additional money towards my principal and have my loan reamortized to reduce my monthly payments?

April 26, 2017additional loan money pay PAYMENTS Principal reduce

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Can I pay additional money towards my principal and have my loan reamortized to reduce my monthly payments?

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Some loans qualify for a Principal Reduction Modification. PNC Mortgage will allow you to pay a minimum of $10,000 towards your principal and reamortize your loan which will reduce your monthly principal and interest payment.