No generally there is no pre-payment fee. Although I'm not going to say it doesn't exist. I've only heard about it on the internet. The avg length of stay in a

No generally there is no pre-payment fee. Although I'm not going to say it doesn't exist. I've only heard about it on the internet. The avg length of stay in a house is like 4-5-6 years anyway at which point you request a payoff amount and the buyers money is sent to pay off the note. You can also pay any additional principal amount you'd like and pay it off in full at any time. You can also refinance it at any time if the rate drops.