Altgage is mortgage management platform, not a marketplace. Read our full disclaimer.

Pay your mortgage faster for less and save $70,000*

It's smart auto-pay that works for you, not banks.

Mortgages are unfair and charge interest upfront

In 10yrs, ~70% of payments go to interest

  • Homeowners move within 10yrs on average
  • New mortgages restart at year 1 and front load interest again
  • 85% of Americans cannot deduct mortgage interest from taxes
70% of mortgage payments go to interest in the first 10yrs
Amortization is unequal. The first 10% takes 6yrs to repay, but the last 10% only takes 1.6yrs

Amortization is the problem Equity is built very slowly

It takes ~7yrs to repay the first 10% of a loan

  • The last 10% of a loan only takes 1.3yrs or ~5x faster
  • If you sell early, ~8% of the hardest earned equity is lost in fees
  • If you move or refinance, the cycle of debt restarts

Invest a little upfront & save a lot with Altgage PrePay

10% of your loan repaid in 10% of the time

  • Extra payments go directly to principal
  • Prepayments decrease by a few dollars every month
  • Extra payments stop after 10-12yrs and savings compound
Altgage PrePay make mortgage payback faster, cheaper and more equal
Prepay pays less vs bi-weekly payments, saves more, and builds more equity in 10yrs

Faster prepayments for less with compounding at work

Don't ignore the time value of money

  • $1,000 compounded over 30yrs at 5% is worth $447
  • Invest 33% less vs paying bi-weekly or making 1 extra pmt per year
  • Manage your largest liability like a pro

What homeowners like you saved...

I literally saved tens of thousands of dollars. They take what others purposely make confusing and simplified it into financial wisdom to pay down my home faster and save on mortgage interest.

William S. - Entrepreneur

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I answered a couple of questions and my mortgage showed up. I connected my checking account via Plaid and was ready to PrePay. I'm investing $100 on avg. to save $40k and will pay my mortgage 7 yrs faster.

Mayur C. - Web 3 developer

A picture of Vaibhav

We reduced our down-payment by 50% and the total cost of loan. It was like a $70,000 magic trick. I could have purchased a home 3 years ago if I'd known that Altgage PrePay can pay-off my largest debt.

Vaibhav S. - Data Scientist

How PrePay works

Instantly verify your mortgage

Answer a few security questions after signing up and ur connect your mortgage data in <1 min

Securely connect a checking acct.

Link your checking account with Plaid, the universal banking API using 256-bit encryption

Make mortgage pay-back smarter

PrePay dynamically adjusts extra payments to principal, shortens your loan and saves interest

Invest in your family's future

There's a smarter way to pay-back your mortgage

$70k

Avg. savings

90sec

Time to setup

$273+

Avg. extra payment

$8.1

Avg. fee

Have questions? Book a call

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Frequently Asked Question?

01
Should I prepay my mortgage?

Mortgages make money for banks, not you. In the beginning, with rates at 7%, less than 1/10th of PITI (principal, interest, taxes and insurance) goes to principal. If you move in 5-10 years, you'll lose the hardest earned equity and restart the cycle of debt. With PrePay you'll always pay your loan fairly, and build up to 100% more equity.

02
How does prepaying save money?

First, putting money in your mortgage is 2-3x better than a high yield savings account. If your savings account pays 1.5%, but your mortgage rate is 4.5%, you'll save 3x more by putting excess cash to work. Second, since 100% of prepayments go to principal, gains compound over time . Third, your savings are non-taxable and risk-free.

03
Can't I pay extra directly with my bank?

Banks won't tell you this, but paying the same amount each month isn't best for you. $100 invested in year 1 is worth $447 but the same $100 invested in year 20 is only worth $163. Altgage PrePay is smart and automatically decreases prepayments by a few dollars every month. The bulk of PrePay happens in the first 5 years and declines to 0 by year ~10.  You'll also invests ~32% less and save ~43% more vs making 1 extra payment a year.

04
What's the fee to use Altgage PrePay?

Our fees are less than a fancy cup of coffee (on avg.) and 3% of your extra payment. On a prepayment of $279 you'll pay ~$8.1 in fees. As your prepayment decreases each month, so do our fees. We also use these fees to help operate the Altgage platform securely, develop innovative products and reach more homeowners.

05
Altgage is smart prepayments service, not your loan servicer.

You retain 100% responsibility to continue making minimum monthly payments to your mortgage servicer. We only optimize and automate extra payments to principal that decrease every month.  Altgage helps make your mortgage smart, track rates, build and access more equity. You can turn off PrePay and return anytime.

06
Any other benefits I should know?

Altgage is a smart mortgage manager that works for you, not banks. The average homeowner now has >$300K in home equity. We enable easy access to equity and inexpensive options to refinance through our lending partners. Homeowners who PrePay will also receive 1% in bitcoin rewards. See the sats stack up.

PrePay to Save $70,000*