Examples of 'prepayment penalty' in a sentence
Meaning of "prepayment penalty"
Prepayment penalty: A fee charged by lenders in case the borrower pays off a loan before the scheduled term. It is typically used in the context of mortgages or car loans to compensate for the interest that the lender would have otherwise received
How to use "prepayment penalty" in a sentence
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prepayment penalty
Mostly no prepayment penalty in case of early repayment.
Your current mortgage has a prepayment penalty.
They are called prepayment penalty or prepayment penalty.
No origination fee and no prepayment penalty.
The prepayment penalty on your current mortgage.
Not all mortgages have a prepayment penalty.
No prepayment penalty for paying early.
You could pay a prepayment penalty.
A prepayment penalty is a financial decision.
For those with a prepayment penalty.
The prepayment penalty is without a doubt the most important of these fees.
Just make sure you ask if there is a prepayment penalty.
There is never a prepayment penalty with a reverse mortgage.
You may be able to negotiate the terms of the prepayment penalty.
You want to avoid paying a prepayment penalty on your existing mortgage.
See also
Loans are assumable under certain conditions and do not have a prepayment penalty.
Lending club does not charge a prepayment penalty on any of its loans.
Borrowers can elect to pay off their loans early without being charged a prepayment penalty.
A misguided scheme to avoid a prepayment penalty through refinancing twice instead of once.
Some banks and mortgage brokers offer out loans that have a prepayment penalty.
An ill advised scheme to avoid a prepayment penalty by refinancing twice that of once.
You can sell your home or pay off the loan without any prepayment penalty.
Some lenders waive their prepayment penalty if you refinance with them again.
It's always prudent to ask if there is a prepayment penalty.
There is no FHA prepayment penalty to worry about.
The loan term is 2 years and there is no prepayment penalty.
There is no prepayment penalty charges at PMM.
FHA loans do not have a prepayment penalty.
Mostly, a prepayment penalty is a financial decision.
All of our car title loans have our no prepayment penalty option on them.
With our no prepayment penalty title loan program, we make paying us off easy.
Ask the lender for a loan without a prepayment penalty and the cost of that.
There's no prepayment penalty so you could opt to pay the loan off early.
Questions you can ask regarding the prepayment penalty is as followed,.
Sadly, many a prepayment penalty has made it onto people 's loans by somewhat nefarious means.
Their product does not have any application, origination or disbursement fees or a prepayment penalty.
You can even get a mortgage loan sans prepayment penalty if there is a small down payment.
Just make sure you don't refinance into a loan with a prepayment penalty.
No prepayment penalty • With variable rate.
In the long term, you can end up paying more because of the prepayment penalty.
I discovered a prepayment penalty clause on my mortgage agreement - what to do?
A typical refinance involves breaking your mortgage term, resulting in what can be a hefty prepayment penalty.
A penalty is not assessed if you carry a “ soft ” prepayment penalty and you sell your home.
Fund duration Loans offered with a competitive interest rate, flexible repayment schedule, and no prepayment penalty.
Additionally, your lender may penalize you if you have a prepayment penalty associated with your mortgage.
At an affordable interest rate of 5 % with no prepayment penalty.
Interim refinance, An ill-advised scheme to avoid a prepayment penalty by refinancing twice instead of once.
Payments can be spread over 24 or 36 months no prepayment penalty.
There's not any prepayment penalty.
Maybe, I went a bit too far with that … prepayment penalty.
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