Posted on: 09th Aug, 2013 12:42 am
If my husband and I receive some extra cash, will it be possible for us to pay off the mortgage early?
Hi Guest,
You can pay off the mortgage early if you get some extra cash. However, you may have to pay a pre-payment penalty, if mentioned in your mortgage doc.
Thanks
You can pay off the mortgage early if you get some extra cash. However, you may have to pay a pre-payment penalty, if mentioned in your mortgage doc.
Thanks
Welcome Guest,
Jerry is right. Paying off the mortgage early is definitely a good idea. However, before taking this step, you should definitely check out the pre-payment penalty clause.
Jerry is right. Paying off the mortgage early is definitely a good idea. However, before taking this step, you should definitely check out the pre-payment penalty clause.