<prompt> Human: The documentation offered didnt really help clarify. Is the difference that in the second option one, they move the end of the repayment to the left and the payments stay the same, but in the first option they leave the end date of the loans the same and the minimum payment will go down?  <response>: It looks to me, the first option you are just taking a chunk out of your loan and you will still be due to make the next scheduled payment.The second, will have you skip a month or more depending how much you pay. Thus continuing to occur interest on the skipped months.Financially speaking, the first option is better. 