<prompt> Human: Id like to pay down my auto loan to 6 months remaining or less. The reason for this is, Im trying to apply for a higher home loan. I learned that if you have 6 months or less remaining on an auto loan they dont include it as one of your debts when calculating what home loan you qualify for. So what Im wondering is:1: Can I make a payment directly towards the principal for an Ally Financial Auto loan in the state of Mainenot sure if my state is a factor or not?2: If I do that will it decrease the number of remaining payments or will it adjust the monthly payment and keep the same number of overall payments?  <response>: It depends on your loan. You need to call the bank. It may be as simple as specifying a principal only payment. This would pay down the balance and should give an earlier loan end date. Again this depends on your loan. Some loans may not allow principal only payments and take anything over the normal monthly about as a prepayment for the preceding months. 