Make extra principal payments each month
Pay every two weeks instead of once a month
Round up your monthly payment
Use windfalls like bonuses, tax refunds, or gifts toward principal
Refinance to a shorter loan term if affordable
Switch to a lower interest rate if possible
Cut unnecessary expenses and redirect the savings to the loan
Make one extra full payment each year
Apply all extra money directly to principal
Avoid taking payment holidays or skipping payments
Check for prepayment penalties before making extra payments
Set up automatic extra payments
Recast the loan if your lender allows it
Increase your payment whenever your income rises
Keep a separate payoff fund for lump-sum payments