[Crowbob]

Any additional payment towards principal will significantly reduce your total interest cost. The more you pay and the sooner you pay the more you save. I can email my mortgage holder (the bank) and request they take more for one month or indefinately or whatever is good for me. I have automatic payments so I am not reminded every month how much they're screwing me. I typically drop a load of cash in the begining of each year after I've calculated what Obama thinks I should pay him in income taxes. The bank gets whatever is left over, if any. Thus everybody wins.