Prepayment fees are often in 2-5% set of the fresh a fantastic loan amount Difference between part percentage, prepayment and you may preclosure*Region commission: So it amount is actually less than an entire loan prominent amount and you will is done before the amount borrowed becomes owed. *Prepayment: Once you pay off your loan simply… Continue reading Prepayment fees are often in 2-5% set of the fresh a fantastic loan amount