If I make additional loan payments will my monthly payment change? Dane October 24, 2018 18:04 Updated Follow Additional payments will not change your monthly payment. Related articles Can I make a larger down payment to lower my monthly payments? How can I update the form of payment that I have on file? Can I make additional loan payments? Are there any penalties for paying my loan off early? How do I make loan payments? Comments 0 comments Please sign in to leave a comment.