Yes. Borrowers are permitted to make additional payments at any time throughout the loan term. These can be intermittent payments or you can choose to make regular extra payments.  By making extra payments while still maintaining the fixed repayment schedule the loan will be paid out earlier than the fixed loan term. Break fees will apply for paying out a loan early. The break fees are minimal on secured loans but should be taken into consideration when making the additional payments. In some cases any extra payments are paying forward the loan schedule repayments and therefore allow you to pause payments in line with the extra payments made. Alternatively, continue paying the regular repayments plus the extras and finalise the loan earlier and pay less interest.