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Interest on Prepayment of Home Loan

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Interest on Prepayment of Home Loan

Last updated: October 24 2020
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  • Interest on Prepayment of Home Loan

    I took a home loan in 2011 at variable interest for 180 months but this month I paid some amount as prepayment but for this prepayment they charged me prepayment interest. Why should they charge me prepayment interest and should they really charge me prepayment interest ?
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