If you have a fixed interest rate loan for a fixed term to finance the building of your home, it’s unlikely the conditions of your loan will allow extra repayments to be made.  If you’re allowed to make extra repayments, you may find there’s a limit on the number you’re able to make or a cap on the total amount you’re permitted to pay off early.  However, if your loan reverts to a variable rate loan, you’ll find that additional repayments are permitted.  You can use Savvy’s extra repayments calculator to find out how much time and interest your additional loan repayments will save you when paying off the loan.