State rules / Prepayment Penalty Rules

Florida prepayment penalty rules

Prepayment penalties are prohibited for loans under Chapter 516 (up to $25,000). For notes silent on prepayment, Fla. Stat. § 697.06 allows prepayment without penalty but does not bar contractual penalties. High-cost home loans under § 494.00791 may include prepayment fees for up to 36 months under certain conditions.

Prepayment Penalty Rules in other states

Researched and verified against primary sources by AI, with the controlling citation above. Not human-reviewed and not legal advice — confirm against the cited source before relying on it. Last updated July 6, 2026.

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