Can I make unlimited extra repayments without penalty?

July 09, 2014
Rebecca Crommelin

If the loan is on a variable rate you may make as many extra payments as you can afford without being penalised.

However, if the loan is on a fixed rate, we will need to research what the lender allows, as all lenders differ on this policy. 

Our team of expert mortgage brokers can help you crunch all the numbers to find out what the best home loan options are for you. Give me a call on (08) 8178 0700 to find out the right option for you.

Take a look at this video to learn more about fixed versus variable rate loans...

If you need help with this or any further home loan questions, don't hesitate to call me today at Mortgage Choice in Blackwood & Happy Valley on (08) 8178 0700.


Charlotte Gray, Loans Consultant

(08) 8178 0700

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