Year-End Mortgage Checkup: 5 Things Every Homeowner Should Review Before 2026

November 26, 2025 | Posted by: Erin Finlayson

Year-End Mortgage Checkup: 5 Things Every Homeowner Should Review Before 2026

December is one of the busiest months of the year — but it’s also the perfect moment to take a quick look at your mortgage and make sure you’re heading into 2026 in the strongest position possible.

Here are five simple things to review before the new year begins.

1. Check Your Current Mortgage Balance & Amortization

A lot can change in 12 months. Take a look at how much principal you’ve paid down and how many years you have left.
If your amortization has increased due to variable-rate payments, it might be time to explore options.

2. Review Your Prepayment Privileges

Most lenders allow annual lump sums or payment increases.
Even a small lump-sum payment now can save you thousands in interest over the life of your mortgage.

3. Look Ahead to Your Renewal Date

Is your renewal coming in 2026?
If so, don’t wait until last minute. Early renewals, switching lenders, or strategizing ahead of time often leads to better rates and lower payments.

4. Evaluate Any High-Interest Debt You’re Carrying

Credit card balances from holiday spending can add up quickly.
If you’re walking into the new year with debt, a refinance or HELOC review early in 2026 might help clean things up.

5. Align Your Mortgage With Your 2026 Goals

Are you thinking about moving, renovating, or consolidating debt next year?
Your mortgage strategy should support what’s ahead — not get in the way of it.

Final Thoughts

A short year-end review can give you clarity, save you money, and help you walk into 2026 with confidence.

If you’d like help reviewing your mortgage, I’m always happy to take a look and guide you through your options before the year wraps up.

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