https://ttlc.intuit.com/community/state-taxes/discussion/is-this-correct-my-bank-stated-only-13-monthly-interest-mortgage-payments-are-allowed-per-year-for/01/402784#M17756 <P>I could not locate IRS code so I know if the bank is correct.&nbsp; Thank you.<BR /></P> Tue, 04 Jun 2019 20:06:00 GMT bz3tz5 2019-06-04T20:06:00Z https://ttlc.intuit.com/community/state-taxes/discussion/is-this-correct-my-bank-stated-only-13-monthly-interest-mortgage-payments-are-allowed-per-year-for/01/402784#M17756 <P>I could not locate IRS code so I know if the bank is correct.&nbsp; Thank you.<BR /></P> Tue, 04 Jun 2019 20:06:00 GMT https://ttlc.intuit.com/community/state-taxes/discussion/is-this-correct-my-bank-stated-only-13-monthly-interest-mortgage-payments-are-allowed-per-year-for/01/402784#M17756 bz3tz5 2019-06-04T20:06:00Z https://ttlc.intuit.com/community/state-taxes/discussion/they-are-correct-you-can-make-extra-principle-payments-b/01/402793#M17757 <P>They are correct. You can make extra principle payments but you cannot prepay interest.&nbsp;<A href="https://www.irs.gov/taxtopics/tc505" rel="nofollow" target="_blank">https://www.irs.gov/taxtopics/tc505</A></P> Tue, 04 Jun 2019 20:06:03 GMT https://ttlc.intuit.com/community/state-taxes/discussion/they-are-correct-you-can-make-extra-principle-payments-b/01/402793#M17757 Critter 2019-06-04T20:06:03Z https://ttlc.intuit.com/community/state-taxes/discussion/thank-you-very-much/01/402801#M17758 Thank you very much. Tue, 04 Jun 2019 20:06:05 GMT https://ttlc.intuit.com/community/state-taxes/discussion/thank-you-very-much/01/402801#M17758 bz3tz5 2019-06-04T20:06:05Z