How to prepay the mortgage?

We, unlike the Americans, live in debt do not like, and try as quickly as possible to shake off the "yoke of the bank." But bankers, it spoils all the plans, so they charge a fee for early repayment. The axiom of business: the longer the customer pays on the loan, the more the bank will earn. Bankers know this, and before issuing credit, guess the how much they will receive from the borrower. Their figures, they lay in the projections, plans, schemes, and it is not like being slim "financial picture" starts to spoil the early repayment. Scheme of repayment borrower can repay the loan in full or in part. With partial recovery you can reduce the term or monthly payments. Making the final selection, the client contacts the bank and sign a declaration to withdraw the necessary amount from the account. In Dumb banks you'll have to wait for another resolution of the credit committee. In any case, all the details will be stipulated in the contract. So read it carefully. According to this document, you know whether all the early repayment, and if so, after some time and for what conditions. Stomost vovrata Very often, banks impose a temporary moratorium on repayment of mortgage: for example, can not violate the established charges for the first 6 or 12 months. Another obstacle for the "quick" payers - the minimum payment. Want to reduce the amount of debt - pay each month, for example, immediately after the 2-3 thousand dollars. And it is for many an impressive amount. Approximately half of all banks now charge a commission and penalties for early repayment. Domestic banks are taking with clients on 2-3% of the loan amount, and some banks with foreign capital - all of 4%. Upon receipt of a mortgage borrower also faces charges.