Posts Tagged ‘tax-deductible mortgage interest pre-payment penalty’
Pre-payment Penalty to Refinance
Pre-payment Penalty to Refinance Question: We refinanced the original loan on our Prescott home to get some extra cash. The documents we signed for the original loan required a 10% pre-payment penalty if we paid off the original loan early. The original loan was $180,000, so when we refinanced we paid the $18,000 pre-payment penalty.…
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