If you make the Buy Down Payment amount shown in your EverBright financing agreement before the reamortization, your future payments will remain the same as your current payment amount for the remainder of the term.

If you choose to make a larger Buy Down Payment amount than what’s listed in your financing agreement, your future payments will be even less than the amount scheduled. If you choose to make a smaller Buy Down Payment amount, or not make the Buy Down Payment at all, your future monthly payments will go up.

Your Buy Down Payment amount can be found in schedule 1 of your financing agreement located within the MyEverBright portal.

Simply log in to the billing portal and make your payment as you would a normal monthly payment. Buy Down Payments can also be made via check to the billing address listed on your invoice.

Important note: Your Buy Down Payment is a separate payment from your regular monthly payment. If you make your regular monthly EverBright payment by check, remember to also mail your scheduled payment along with your Buy Down Payment to avoid your regular payment being late. Sign up for Auto Pay and never worry about making your payment again!

Rather than a one-time, lump sum payment, incremental Buy Down Payments can be made towards the balance up until your 18th invoice due date.

Buy Down Payments made up until the 18th invoice due date will help decrease the monthly payment amount for the remainder of the financing term once it reamortizes. Additional payments made after the 18th invoice due date will shorten the total number of payments and reduce the total interest paid over the life of the financing term.