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Have Questions? We’ve Got Answers!

Discover everything you need to know about mortgages. From understanding rates to finding the right plan, our FAQ section is here to guide you every step of the way.

Are there any penalties for settling my mortgage early?

In general most banks will charge a penalty for settling the mortgage early, but this will vary from one back to another.

In most cases the penalty will range from 0% – 3% of the outstanding mortgage balance but this will depend on whether the mortgage is being repaid by your own funds, being sold or being refinanced by another bank.

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