What is the Fifth Third Early Mortgage Pay-Off Plan (EMPP)?

EMPP is a biweekly, semi-monthly or weekly payment program that enables homeowners to pay off their mortgage years early and save thousands of dollars in mortgage interest.

EMPP has serviced over 50,000 Fifth Third mortgage customers since 1997.

Most new Fifth Third mortgage customers will automatically receive a letter in the mail, detailing their available time and interest savings based on their actual loan information. An enrollment form and "Questions and Answers" brochure are included along with a postage-paid envelope, or you can enroll on the phone with our experienced EMPP customer service staff.

Please call us at 1-800-931-3677 or click here if you would like an information package mailed to you for your current Fifth Third loan.


How much does it cost to participate in the Fifth Third Early Mortgage Pay-Off Plan?

To participate in the Fifth Third Early Mortgage Pay-Off Plan there is a one-time, non-refundable enrollment fee of $295.00, plus a $1.50 transaction fee with each automatic draft. You can also choose to defer the enrollment fee so it is deducted from your first extra principal payment(s) under the EMPP program, and you pay nothing up front. Your EMPP is fully transferable if you refinance or sell your home.

Please take a moment to review the frequently asked questions, or download our "Questions and Answers" brochure. This will further explain the Early Mortgage Pay-Off Plan and how easy it is to reduce the amount of interest you pay over the remaining term of your loan and to accomplish the same result as if you lowered your interest rate itself.


What if I'm enrolled in Auto BillPayer?

If you are enrolled in the Auto BillPayer monthly drafting program, you can switch to biweekly, semi-monthly or weekly drafting with the Fifth Third Early Mortgage Pay-Off Plan. You will keep your interest rate discount if you authorize Fifth Third to continue EMPP withdrawals from your Fifth Third Bank account.

Once you enroll in EMPP, you will receive a welcome letter that explains exactly when the EMPP withdrawals will begin. The Auto BillPayer monthly drafts are stopped at the correct time for a seamless and hassle-free transition to EMPP.

Why does Fifth Third Bank offer this plan?

EMPP is a valuable service that helps you:

  • save thousands of dollars in mortgage interest
  • increase the equity in your home
  • cut years off the length of your mortgage

EMPP can set up biweekly, semi-monthly or weekly drafting to coordinate with your pay schedule. EMPP is a convenient, flexible and disciplined approach to assist you with budgeting, saving time off your mortgage, and saving interest.

Calculate your savings now >>


What happens if I refinance?

Your Early Mortgage Pay-Off Plan is transferable to any new loan, including:

  • fixed rate mortgage
  • adjustable rate mortgage
  • Easy Home Refi
  • any other closed-ended home equity loan

There is no cost to transfer your current Early Mortgage Pay-Off Plan to the new loan. The $1.50 drafting fee will continue but you will never pay the $295 enrollment fee again.

Our EMPP customer service representatives will assist you in transferring your Early Mortgage Pay-Off Plan to your new loan.


Who is EMPP, and who is handling my money?

The Fifth Third Early Mortgage Pay-Off Plan is a service provided by EMPP, Inc. EMPP is not an affiliate of Fifth Third Bank, but is under contract with Fifth Third Bank to exclusively offer mortgage acceleration services to Fifth Third mortgage customers.

The relationship between Fifth Third Bank and EMPP has produced outstanding results for over 15 years. Thousands of homeowners have benefited by owning their homes sooner and saving thousands of dollars in mortgage interest.

With the Fifth Third Early Mortgage Pay-Off Plan, Fifth Third Bank processes all draft transactions and monthly payments while EMPP seamlessly administers all aspects of the plan.

The Early Mortgage Pay-Off Plan® can save you tens of thousands of dollars. Start saving now.Get Started
Mortgage interest savings with EMPP


Contact the EMPP customer service department at 1-800-931-3677 when:

  • you have a question about the Fifth Third Early Mortgage Pay-Off Plan
  • you are looking for information about how much time and interest the Early Mortgage Pay-Off Plan can save you
  • you want to make changes to your current EMPP account

We can also mail you an amortization schedule showing your faster loan payoff as a result of enrolling in EMPP.

Calculate your savings now >>


Helpful links and documents


Questions about your mortgage?

Call the Fifth Third Bank mortgage customer service department at 1-800-972-3030.

Fifth Third Bank, Member FDIC, Equal Housing Opportunity Equal Housing Lender