Can I make extra repayments on my loan?

Asked 2 years ago
Esanda allows borrowers to make extra repayments on their loans, which can potentially help reduce the overall interest payable and shorten the loan term. However, the ability to make extra repayments may depend on the specific type of loan and the terms outlined in the loan agreement. It is important for borrowers to carefully review their loan documentation to understand any limitations, fees, or conditions associated with making additional payments. In some situations, loans may have restrictions on extra repayments, particularly if they are fixed-rate loans. Borrowers might also want to consider how extra repayments will impact their financial situation. For the most precise and personalized information, it is advisable to review the current policies on Esanda's official website or consult the loan agreement. Detailed contact information and further assistance can often also be found there.
Christian Allen is the editor / author responsible for this content.
Answered Sep 16, 2025

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