Prepayment charge are often in two-5% variety of the brand new outstanding amount borrowed
Difference in part commission, prepayment and you will preclosure*Area percentage: So it matter is below an entire mortgage dominating number and you can is generated through to the amount borrowed gets owed. *Prepayment: Once you pay back your loan partly before it will get owed according to the EMI schedule. The fresh new prepayment amount […]