If you are looking to pay off your Jacksonville Florida home loan faster, one way to do this is simply to include extra funds with your monthly payment. Many lenders will permit you to make additional payments without a penalty. This option appeals most to those concerned about their future earning power, but still want to be aggressive about paying off their loan. For example, if you had a 30-year loan, you might decide to send the equivalent of one or two extra payments a year. If you ever found yourself in a sticky financial situation, you could fall back on your extra payments. Be sure to do this early in the loan period because most loans are calculated in such a way that the first few years of payments are almost entirely interest, while the last years are mostly applied to your principal balance.