Can I pay off my loan early?

Asked 2 years ago
Many loan agreements provide the option to pay off a loan early, a practice known as prepayment. However, the specific terms regarding early loan repayment can vary depending on the type of loan and the lender's policies. Aurora Loan Services, Inc. may have particular stipulations related to early repayment, such as prepayment penalties or fees that can affect the total amount you will need to pay. It is advisable to check the terms of your loan agreement carefully to understand any implications of paying off your loan early. You may also consider reviewing the current webpage for further information or specific policies related to early repayment and any related costs. Ultimately, being informed will help you make the best decision for your financial situation.
Adam Goldkamp is the editor / author responsible for this content.
Answered Aug 14, 2025

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