DEAR BENNY: In response to your question about whether it is better to make additional mortgage payments monthly or annually, I believe you are correct that monthly payments are better than if the annual payment is made at year’s end. In this scenario, monthly payments would be made January through December, compared to the annual payment being made in December. However, if one makes the annual payment at the beginning of the year (e.g., January), that would be better than monthly payments throughout the year.So it really depends on when the annual payment is made.