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2. What is a prepayment penalty? - AOL

   www.aol.com/finance/prepayment-penalty-165152113...

   Mortgage loans with an early payment penalty are rare today, but when applicable, the fee can be steep. The penalty can be 2 percent of your loan balance within the loan’s first two years and 1 ...

3. How much should a house down payment be? - AOL

   www.aol.com/finance/much-house-down-payment...

   The primary reason financial experts recommend a 20% down payment is that conventional mortgage lenders ... a 10% early withdrawal penalty—though the withdrawal will be subject to income taxes ...

4. Should I pay off my mortgage early? - AOL

   www.aol.com/finance/pay-off-mortgage-early...

   Based on the terms of your loan, you could be subject to a prepayment penalty for paying off your mortgage early. Typically, loans older than three years are not subject to this type of penalty.

5. Dave Ramsey’s 7 Tips for Quickly Paying Off a Mortgage - AOL

   www.aol.com/dave-ramsey-7-tips-paying-120027516.html

   Completing a mortgage payoff early could save you a bundle of money, ... When you take out a conventional loan and opt for a down payment of at least 20%, you can avoid having to pay PMI. PMI ...

6. Prepayment of loan - Wikipedia

   en.wikipedia.org/wiki/Prepayment_of_loan

   Prepayment is the early repayment of a loan by a borrower, in part (commonly known as a curtailment) or in full, often as a result of optional refinancing to take advantage of lower interest rates. [ 1 ]

7. Can I Use a HELOC to Pay off a Mortgage Faster ... - AOL

   www.aol.com/heloc-pay-off-mortgage-faster...

   If your mortgage balance is $340,000 and you want to borrow $20,000 using a new HELOC, then your LTV (including the new HELOC) would be $360,000 divided by $400,000, or 90%.