How to Make Mortgage Overpayments
- 1). Locate the "Extra principal paid" box on your mortgage statement, payment slip or coupon. Under the amount of your regular payment on the payment slip will be places to enter extra payments for principal and escrow.
- 2). Write the amount of your overpayment in the box for extra principal.
- 3). Total the extra payment plus your regular mortgage payment and enter that amount in the total paid box on the payment slip.
- 4). Write a check for the total payment amount and send it in as your next mortgage payments.