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Originally Posted by Doctor Dre
With most banks you can repay as much as 15 % of the total mortgage every year without penality nowdays...
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You are right, but he wants to sell the house that he bought 4 months ago, now. The "as much as 15%" does not apply here. He will get a penalty. All he needs to do is sell the house at a higher price so he will get his money back.