Do you want to repay your mortgage loan before its term? The lender will ask you to repay the principal balance of your credit, but also to pay a reinvestment indemnity. It is a lump sum compensation that allows him to cover part of the interest that he will no longer receive on your credit. It is generally a maximum of three months of interest on the amount of your credit that you still have to pay (the balance).
Do you want to repay your mortgage loan before its term? The lender will ask you to repay the principal balance of your credit, but also to pay a reinvestment indemnity. It is a lump sum compensation that allows him to cover part of the interest that he will no longer receive on your credit. It is generally a maximum of three months of interest on the amount of your credit that you still have to pay (the balance).