Prepayment penalty calculator
Most DSCR loans charge a fee if you sell or refinance early. Enter your loan and when you might exit to see what each prepayment structure STR lenders publish would cost, and which lenders publish it.
If you pay off in year 3
Costs per published structure, not per lender. See which lenders publish each one below.
Cost by payoff year, per published structure
Your loan, every structure at least one direct lender we track publishes. The highlighted column is the year you picked.
| Structure | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 | Yr 6+ | Published by |
|---|---|---|---|---|---|---|---|
| 5/4/3/2/1 step-down5% of the balance in year 1, then 4, 3, 2, 1%; none from year 6. | – | – | – | – | – | – | Acra LendingDefy MortgageDominion FinancialEasy Street CapitalGriffin FundingNew SilverNewfi Wholesale |
| 3/2/1 step-down3% in year 1, 2% in year 2, 1% in year 3; none from year 4. | – | – | – | – | – | – | Dominion Financial |
| Flat 5%5% of the balance in every year of the penalty period. | – | – | – | – | – | – | Acra LendingDefy MortgageNewfi Wholesale |
| 6 months' interestSix months of interest on the balance, during the penalty period. | – | – | – | – | – | – | Newfi Wholesale |
| No-prepay optionNo penalty. Lenders that offer it usually price it into the rate or fees. | – | – | – | – | – | – | Acra LendingDominion FinancialGriffin FundingLendingOneLima One Capital |
Lender by lender
All 25 direct lenders we track (referral sources excluded). “Not published” means we found no prepayment terms on the lender's public pages or guidelines; it doesn't mean there's no penalty. Ask, and get the schedule in writing.
| Lender | What it publishes | Your scenario | Source |
|---|---|---|---|
| Acra Lending | 1-5 year options (fixed or 5/4/3/2/1 step-down) or no prepay | – | api.acralending.com · checked Oct 22, 2026 |
| Defy Mortgage | Standard 5-year step-down (5/4/3/2/1); flat 5% also available | – | defymortgage.com · checked Oct 22, 2026 |
| Dominion Financial | No-prepay (select loans), 3-2-1 or 5-year step-down options | – | dominionfinancial.com · checked Oct 22, 2026 |
| Easy Street Capital | Typically 5/4/3/2/1 step-down | – | easystreetcap.com · checked Oct 22, 2026 |
| Griffin Funding | 0-5 year terms; common structure is a 5-year step-down (5/4/3/2/1); can be bought out at closing | – | griffinfunding.com · checked Oct 22, 2026 |
| LendingOne | 0-5 year penalty periods, depending on structure | – | lendingone.com · checked Oct 22, 2026 |
| Lima One Capital | Flexible; a low or no prepayment penalty option is available for a higher fee and/or rate | – | limaone.com · checked Oct 22, 2026 |
| New Silver | Typically 5-4-3-2-1 step-down; can be reduced with a higher rate (Rent/DSCR program, STR allowed) | – | newsilver.com · checked Oct 22, 2026 |
| Newfi Wholesale | 1-5 years: 6 months' interest, fixed 5%, or 5/4/3/2/1 step-down; not allowed in AK, DC, IL, MD, MI, MS, NM, RI, VT | – | newfiwholesale.com · checked Oct 22, 2026 |
| Kiavi | No prepayment penalty after year 3 | – | kiavi.com · checked Oct 22, 2026 |
| CoreVest Finance | Yield maintenance (generally, on long-term fixed-rate rental portfolio loans) | Yield maintenance: the cost depends on Treasury yields at payoff, so it can't be computed from published figures. | corevestfinance.com · checked Oct 22, 2026 |
| A&D Mortgage | Up to 5 years | Publishes a term but no percentages, so we don't estimate a cost. Ask the lender for the schedule. | admortgage.com · checked Oct 22, 2026 |
| Logan Finance | Required; 1-5 year options | Publishes a term but no percentages, so we don't estimate a cost. Ask the lender for the schedule. | loganfinance.com · checked Oct 22, 2026 |
| NQM Funding | Required (investment properties); term not published | Publishes a term but no percentages, so we don't estimate a cost. Ask the lender for the schedule. | nqmf.com · checked Oct 22, 2026 |
| theLender | Up to 5 years, subject to state restrictions | Publishes a term but no percentages, so we don't estimate a cost. Ask the lender for the schedule. | retail.thelender.com · checked Oct 22, 2026 |
| 1st Nationwide Mortgage | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| America Mortgages | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| Angel Oak Mortgage Solutions | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| Certain Lending | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| Lendmire | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| LendSure Mortgage | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| Quickline Capital | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| Truss Financial Group | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| Uncapco Financial | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
| Visio Lending | Not published | Not published on the pages we checked. | Lender pages checked Oct 22, 2026 |
An estimate from lenders' published structures, not a quote or legal or tax advice. Your promissory note and prepayment rider set the actual penalty, its base and when it ends. Some states limit or ban prepayment penalties (Newfi, for example, lists states where it doesn't charge one). Lenders change terms; confirm with the lender before you lock.
Get an alert when a lender changes its prepayment terms
- When a lender we track changes a published term (credit score, LTV, DSCR, STR income rules, states), we email you
- Old value, new value and a link to the lender's own page
- No set schedule: we email when there's a change to report. Every change is also on the change log
Free download: the STR DSCR lender cheat sheet (PDF), every direct lender on one printable page. Web version
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Not a lender or broker. No referral fees. For education only. Figures come from each lender's public pages on the date shown and can change without notice, so verify them with the lender. Rates are estimates, not quotes. How we source data.