Paying down principal on mortgage and changing the monthly payment
Paying down principal on mortgage and changing the monthly payment I’m at BofA. Last month I paid an additional $5k towards the principal on my mortgage. I specifically selected principal. I also see the balance on my mortgage decreased by $5k. So I know it went towards that. I expected my monthly payment to change (slightly). But my monthly payment for October is the same as it was for September. Is this ex...