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URL:  http://boards.fool.com/dwdonhoff-quotif-you-used-an-amortization-30267753.aspx

Subject:  Re: Paying forward vs. towards principal Date:  9/17/2012  6:59 PM
Author:  JAFO31 Number:  124169 of 128075

Dwdonhoff: "If you used an amortization schedule you could see that X amount of principal, and Y amount of interest, is paid out over Z number of months. If you pay more money (it doesn't matter how the servicer explains the bookkeeping) you are shortening the remaining time on the amortization schedule. If they say you just prepaid the next 3 months, that's the same as eliminating the last 3 months (as long as you don't stop making monthly minimum payments consistently.)"

. . .

NONE OF WHICH MATTERS... as I explained, itsall a wash in the end as long as you don't fall asleep at the checkbook... and you'll eliminate it faster and safer if you aggressively save & build a side fund than attacking it directly."

I do not follow and best as I understand the OP, I do not agree.

Perhaps it is a se