The period of time over which you will repay your mortgage to the lender.
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Early repayment period
Early repayment period A period of time that applies to certain types of loan during which a charge will be made if the loan is repaid in full or in part or its terms are varied at the borrower's request.
Monthly repayment
Monthly repayment This is the amount you pay to your lender each month towards the cost of your loan.
Prepayment penalty
Prepayment penalty Lenders can impose a penalty on a borrower who pays a loan off before its expected end date.