Prepayment Penalty definitions

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Prepayment penalty

Prepayment penalty logo #21012A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosp.htm

Prepayment penalty

Prepayment penalty logo #20452Lenders can impose a penalty on a borrower who pays a loan off before its expected end date.
Found on http://www.encyclo.co.uk/local/20452

Prepayment penalty

Prepayment penalty logo #20965Is a penalty a lender may impose on the payment of a loan off before its expected end date.
Found on http://www.encyclo.co.uk/local/20965

Prepayment Penalty

Prepayment Penalty logo #22402A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity
Found on http://www.encyclo.co.uk/local/22402

Prepayment Penalty

Prepayment Penalty logo #22405The charge which can be imposed if you pay off your loan before maturity. The Truth in Lending Discl
Found on http://www.encyclo.co.uk/local/22405

Prepayment Penalty

Prepayment Penalty logo #22642A fee imposed on a borrower who pays off a loan (usually a mortgage) before its due date. Lenders impose this kind of fee to encourage borrowers to hold a debt -- and keep paying interest on it -- for the whole term of the loan.
Found on http://www.nolo.com/dictionary/prepayment-penalty-term.html

Prepayment Penalty

Prepayment Penalty logo #20101Refers to a cost which may be charged against a borrower in the event of a prepayment.
Found on http://www.oasismanagement.com/glossary/

Prepayment Penalty

Prepayment Penalty logo #21371if a loan is refinanced or repaid prior to a certain date as agreed upon in the loan documents, a fee will be charged by the bank or lender.
Found on http://www.thetruthaboutmortgage.com/mortgage-dictionary/

prepayment penalty

prepayment penalty logo #21405A charge imposed by a mortgage lender on a borrower who wants to pay off part or all of a mortgage loan in advance of schedule.
Found on https://www.encyclo.co.uk/local/21405

Prepayment Penalty

Prepayment Penalty logo #21674a fee charged to a homeowner who pays one or more monthly payments before the due date. It can also apply to principal reduction payments.
Found on https://www.encyclo.co.uk/local/21674

Prepayment Penalty

Prepayment Penalty logo #21674a provision in some loans that charge a fee to a borrower who pays off a loan before it is due.
Found on https://www.encyclo.co.uk/local/21674
No exact match found.