If I pay more than the minimum towards my loan, will my monthly payment decrease?

Paying more than the minimum?

Making an early or large payment will not reduce your minimum monthly payment. Instead, it will shorten the overall length of your loan, allowing you to pay it off sooner.

Keep in mind that you are able to adjust your monthly payment amount but it cannot go below the minimum to ensure the loan stays in good standing. You can manage payment settings online at the Payment Portal by clicking "Login with PatientFi"


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