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Financement

ERC

Early Repayment Charges

Definition

Financial penalties charged by a lender if a mortgage is paid off ahead of schedule. Legally capped in France, they cannot exceed 3% of the outstanding principal balance or 6 months of interest.

FR

IRA

Indemnités de Remboursement Anticipé

Keywords

iraindemnite de remboursement anticipebanquefraisrachat de credit