It's possible to pay off a loan early in whole or in part. If you want to repay all of the loan, first, find out the remaining balance of the loan and accrued interest, and make sure you have that amount or more in your Swedbank account. Then write a bank message about early repayment of the loan in the "Bank messages
" section of the Swedbank Internet Banking site.
- The loan will be closed without any penalty or fee. If you want to repay part of the credit, you can make the required modifications on the Internet Banking site under "Loans, leases, credit cards". Select the relevant credit agreement, click on "Modify", specify the amount to be repaid, and make your selection - reduce the amount of monthly payments or the repayment period of the credit.
- After partially paying off the loan, the new repayment schedule will be available on the Internet Banking site.