Yes! Here are three ways:nnMortgage recast: By making a significant lump sum payment toward your loan's balance, like from an inheritance or property sale proceeds, you can lower your monthly payment without altering the interest rate or term. Ensure you check with your lender for eligibility and potential fees.nAdditional payments: Amplify your savings by making extra payments on your mortgage. This method aids in paying off the loan faster and curbing the total interest. Ensure you notify your lender about the intention behind the extra payment, emphasizing its application to the principal balance.nBiweekly payments: Split your monthly mortgage payment in half and pay that amount every 2 weeks. For instance, if your monthly payment is $1,600, pay $800 biweekly. This approach equates to 13 full mortgage payments annually, allowing you to chip away at your balance more efficiently.nnCheck with your lender to ensure there are no fees or penalties associated with paying off your mortgage earlier than the stated term.