No early repayment fee is charged for partial
repayments, and no early repayment fee is
charged if your loan is paid out in full.
However, there is a ”°Mortgage Discharge Fee”±
which is payable if your mortgage is discharged.
Full details will be set out in your loan
contract.
For Land Loans and Construction Loans refer
to separate annexure.
Break costs (as set out in your loan
contract) are always payable while your interest
rate is fixed, on both partial repayments and if
your loan is paid out in full. A mortgage
discharge fee is payable if your mortgage
discharged. Full details will be set out in your
loan contract.
Interest due on the prepayment amount up to
the date the amount is credited to your loan
must also be paid. Trustar Mortgage can advise
you of the amount of these costs on request if
you wish to repay your loan early
