Sentences with phrase «before calculating the penalty»
Not exact matches
If not, can I make a prepayment a few weeks before breaking my mortgage to lower the balance used to calculate my penalty?
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«Very few people use this key option before having their mortgage penalty calculated,» says Tzaferis of MorCan Direct.
Finally, if you have a prepayment option on your mortgage and you plan to refinance, make your annual prepayment — usually between 10 % and 25 % — before getting the penalty calculated.
If you haven't checked Penalty Risk before, the Penalty Risk column will say «Not yet calculated».