Quote:
Originally Posted by Chocaholic
...and you also remove any possible flexibility you may need in future years. Why not just send an occasional principal-only payment as your finances allow? It seems silly to pay someone to allow you to send payments more frequently...especially since you're locked into the program if priorities change. And trust me....they do!
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Yep, the upside is that they charge you for the convenience of doing something you can do on your own, and the downside is less flexibility and more fees.