No Prepayment Penalties
You may notice that many finance companies advertise no prepayment penalties. But many practice owners learn the hard way that this means you can pay the total of your scheduled monthly payments ahead of time – INCLUDING all the interest.
With NCMIC, when we say no prepayment penalties, we mean it.
You can pay off the remaining principal balance any time you like. You’ll only pay interest for the time you have the loan. The earlier you pay off, the more you save.