4 ms·
> you will not owe the full amount of the accrued interest Yes, you will. "accrued interest" is "unpaid interest as of the time of ___"; at the moment you sel
by finnh 5y ago
> you will not owe the full amount of the accrued interest
Yes, you will. "accrued interest" is "unpaid interest as of the time of ___"; at the moment you sell the house you will have paid all of the interest up to that moment.
There's no early-payment penalty on mortgages, as of the last many decades; maybe that's what you mean?
- liketochill 5y agoI have early payment penalties on my mortgage. Would love it if there weren’t. I’m in Canada.
- finnh 5y agough. sorry to hear it - didn't realize that Canada was still up to those tricks