By Jeff Ostrowski, Bankrate.com

Can you pay off your mortgage early?

The short answer is yes — you can pay off your mortgage early. This is referred to as prepaying a mortgage .

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Most mortgages don’t come with a prepayment penalty , so you can make extra payments or pay off the loan in full at any time without incurring a fee.

If you’re not sure whether your loan includes this fee —

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