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How It Works:
You pick which days are best for managing half payments, we automatically debit your checking account for half of you regular loan payment. As illustrated below, every 6 months, an extra half payment is automatically sent to your lender. Even though you are making two extra half payments a year, your payment amount never changes. This extra amount is credited to principal only, allowing you to save thousands of dollars of interest and payoff your loan several years earlier.
Benefits:
No More Checks – Never write a check again or worry about mailing your mortgage payment.
Immediate Enrollment – You can complete your enrollment within 3 minutes. Go to the Get Started page and start today!
Choice Of Starting Dates – Choose any banking day for your debits from today up to six months in the future. If you are paid biweekly, use this flexibility to match your paycheck schedule.
Safe and Secure Payments – All payments are processed by Chase as an ACH. Guaranteed fraud protection. Safer than a check.
Half Pay Savings Example:
Take a look at the example to the left, it’s for a mortgage loan. Making bi-weekly payments on your loan will reduce your term by 5 years and 4 months and save
$48,268 in interest.
Remember, this can be applied to any loan you have, like an auto loan.
How To Enroll On-Line:
1. Go to the Get Started page.
2. Fill out the short form to the best of your ability.
3. An agent will follow up with a phone call to verify your information.
Payoff loan Sooner.
Match payment to paychecks.
Smaller payment are easier to budget.
Now more than ever customers want affordable payment options.
Easier to budget.
Match payment to paychecks.
Smaller payment are easier to budget.
Now more than ever customers want affordable payment options.
Save on interest charges.
Mortgage loans will save you tens of thousands of dollars.
Auto loans will save you hundreds of dollars.
Build equity faster.
Own your home or car sooner.
Walk away with more money when you sell or trade.
Payoff your car before the warranty expires
Improve your credit score.
On-time payments improve credit scores.
Safe and secure payments.
Guaranteed fraud protection.
Safter than writing a check.
Up to 90 days to reverse debits.
Convenient.
No need to write and mail checks.
Don’t worry about large payments anymore.
Never worry about late fees
Good for the environment.
Less paper saves trees
Less mail reduces carbon emission.
