Early partial repayment

Once you start to repay the loan, you can make early partial repayments of
the outstanding debt. Changes to the amount of capital borrowed modify the
initial terms and conditions and the bank may charge fees for the procedures it
must undertake and to compensate for the amount of interest it will no longer
earn on the capital which has been repaid early, if so stipulated in the contract.

Depending on the agreement, an early partial repayment would mean: 

• Lower monthly payments.
• A shorter mortgage term.