Principal Curtailment - Pay Extra Save Money

Principal Curtailment is the process in which a homeowner pays the mortgage in a different way which is a faster and quicker way in order to pay down the principle at a faster rate. This allows a homeowner to use the professional term principal curtailment in order to pay down the principle on the home.  Principal curtailment has its uses in different real estate markets. Principal curtailment can be used in certain situations. Mainly, principal curtailment is used to pay down the mortgage at a different rate than normal.