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Repay your Loan early and Save
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[QUOTE="Alexandoy, post: 109541, member: 25510"] I worked in the bank for more than 10 years and we got our home mortgage from that bank. When you take out a loan the term (duration of installments) is specified. In the example of 24 installments you have to follow it. If you have money to pay it all today then you can but the interest will still be the same. In other words you cannot advance the payments to save on interest. [/QUOTE]
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