Question: When a lender would let you pay off your loan partially or in its entirety earlier than the due date, what is the statement in

When a lender would let you pay off your loan partially or in its entirety earlier than the due date, what is the statement in a mortgage contract called?

Question 3 options:

A)

Advance payment bonus

B)

No extra payment

C)

Prepayment penalty

D)

No prepayment penalty

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