prepayment penalty
Expose Prepayment Mistakes That Rip Off Low‑Rate Mortgage Gains
Expose Prepayment Mistakes That Rip Off Low-Rate Mortgage Gains A 2-year prepayment penalty can erase up to 70% of the savings from a 2.5% fixed-rate mortgage, turning a bargain into a hidden cost. In my experience, borrowers who overlook this clause often discover the loss only after the first