26 fev A prepayment privilege could be the amount you are able to place toward a shut home loan on top of the regular home loan repayments, and never having to spend a prepayment penalty.

A prepayment privilege could be the amount you are able to place toward a shut home loan on top of the regular home loan repayments, and never having to spend a prepayment penalty.

Your prepayment privileges enable you to:

  • Enhance your regular re re payment by a particular portion
  • Make a lump-sum payment as much as a specific amount or portion of this mortgage amount that is original

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