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Can I make additional repayments on my home loan?

Asked 2 years ago
Wizard Home Loans often allows borrowers to make additional repayments on their home loans, which can be a beneficial option for those looking to pay down their loans more quickly or reduce the overall interest payable. Making extra repayments can help you achieve financial freedom sooner by decreasing the principal balance of the loan. However, it is important to check the specific terms and conditions of your loan agreement, as certain loans might have limitations regarding extra payments. Additionally, some lenders may charge fees for making additional repayments. For the most accurate and detailed information regarding a particular loan, it is advisable to consult the terms outlined in the documentation or visit the official website for further insights.
Answered Sep 4th 2025

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