View Single Post
  #16  
Old 04.10.2020, 15:44
3Wishes's Avatar
3Wishes 3Wishes is offline
Moderately Amused
 
Join Date: Jul 2010
Location: Bern area
Posts: 11,145
Groaned at 88 Times in 84 Posts
Thanked 18,867 Times in 8,403 Posts
3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute
Re: Pre payment on your mortgae

So the moral of the story is:

If you think you'll prepay some or all of the outstanding balance during the loan, make sure you understand what's written in your contract in terms of early payment penalties (if any). Every mortgage is different so there's no one blanket answer.

Right?
Reply With Quote
The following 5 users would like to thank 3Wishes for this useful post: