Making extra mortgage payments can help pay off your mortgage early and save money on interest. Does prepaying make sense?After you receive your payoff quote, it's time to make your final payment. You can pay with a certified check or through a wire transfer from your bank. The Payment to Payoff Program allows you to pay on your mortgage every two weeks. Each payment is equal to half of your monthly mortgage payment. The mortgage payoff calculator helps you find out. Make an extra payment every so often. You can do this each month, each quarter or even once a year. Use our early mortgage payoff calculator with extra payments to see how upping your payments may impact the total cost and length of your home loan.