If you are a beneficiary of a mortgage loan from the Good Credit program, and you want to make a prepayment of it, surely a question assails you.
Do I lose the Good Credit bond if I prepay the mortgage loan? To clarify this uncertainty, we have prepared the following article.
To answer this question, you must first determine the date and conditions on which you were benefited with the bonus. If it was granted before or during the month of October 2015, and for an amount of up to 50 ITU of the time (S / 192,500), then if you lose it.
In other cases, you can prepay your mortgage loan without losing the Good Credit bond.
The reason for this is that in November 2105 a new regulation of the Good Credit fund entered into force. In this, the previous provision that signaled the loss of part of the subsidy in case of partial prepayment of the credit was eliminated.
It should be noted that this new regulation does not apply to mortgage loans obtained prior to its validity. Therefore, loans granted until October 2015 are governed by the previous regulations.
The regulations for loans until October 2015 indicate that if you make a prepayment, you lose part of the Good Payer’s Prize (PBP), proportionally to what it represented with respect to the disbursed credit.
As an example, suppose you have obtained a PBP of 12,500 soles in a loan of 125,000 soles. So, in this hypothetical case you have received a PBP that represents 10% of the credit. Then, if you make a prepayment of 20,000 soles, of them 10% (2,000 soles) will be used to pay the PBP received, leaving your current prepayment at 18,000 soles.
As you can see, this condition discourages the prepayment of the credit, since it means a partial loss of the money used in the operation. Therefore, it is necessary that you take out your accounts, before opting for the option to make a prepayment.