Prepay your interest

To lock in an interest rate and manage your cash flows you can prepay interest on all or part of your loan:

  • at a fixed rate for 3, 6, 9 or 12 months
  • in any combination of prepaid and monthly interest
  • each interest prepayment must be on a loan amount of at least $20,000
  • prepayment periods begin on the third and fourth Friday of each month
  • interest prepayments can be paid by cheque or advanced from the loan

Please contact Customer Relations on 1800 816 222 to get a quote for the interest amount. You must sign the quote and return it to us with payment. Prepaid interest is not refundable.