Honda payments, Standard vs Principal?

  • Thread starter Thread starter TunesChick
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TunesChick

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I just made my first car payment today. The bill was for 430.00 however I made a 440.00 payment on the standard payment. I was wondering if I want to pay more to try and pay off my loan faster how would I do this? Would I just keep making standard payments? or would i have to make the standard payment on my invoice and then make a principal payment? Can someone explain to me how this works if I want to pay off my loan faster? Thanks!
 
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