<prompt> Human: THANK YOU EVERYONE FOR YOUR REPLIES! ALL YOUR RESPONSES HAVE HELPED ME UNDERSTAND MY SITUATION.So yea. I have my loans over at greatlakes and Ive been paying like 100 over the minimum payment and I noticed that only 200 The payment due goes to principal and the rest goes to interest... I feel like my loan is going no where... edit. I see that I have a couple hundred paid ahead... what does this mean? Like if I miss a couple payment it will take it from that amount? If so thats crap.Assistant: You need to pay off the accrued interest before your money will go towards the principal. Are you on IBR or something? Half your minimum going towards interest sounds like a lot.Human: What is IBR? My loans are unsub and sub. These are the fafsa loans Assistant: Income based repayment. If you dont know what it is, youre probably not on it.Human: Oh gotcha. No Im on a regular repayment plan Assistant: Is your extra being applied to the next payment? Look online and see when your next bill is due. If its due later than it should be then the extra is being treated as an early payment so it wont all go to the principal.Human: Yea from what I can see, my next payment isnt until 06022014. So the extra money that I pay on top on the normal payment due is being set aside as a future payment. So I can stop the autopayment and not have a bill till june.. Def going to be changing this.. Have to get rid of the balance!!  <response>: It is not being set aside. If you fulfill your next payment obligation, you will not have to make a payment, but your current payment will be applied normally -- accrued interest, then principal. 