The Condusef published advice for two specific cases: if you want to stop paying before or if your intention is to reduce the payment. Here we explain the recommendations in each scenario.
If you want to finish paying before
You must tell the bank that you are going to pay capital, this is because the banks calculate the payment of interest based on what you owe, that is, the balance that is pending or unpaid balance, in this way you also pay less interest .
If you want to reduce the payment
Before making advance payments, you have to inform the bank that these have the objective of reducing the payment, although here, according to the Condusef, there is a disadvantage and that is that the term is not reduced and you may pay the same interest. This action is aimed at when you want to have a little more liquidity.