Portability
This option allows you to keep your existing home loan if you move house, without having to refinance.
Prepayment
A payment made before the due date of the loan or in addition to the minimum repayment. This can sometimes incur a penalty fee so be sure to check the terms and conditions of the loan.
Principal
This is the capital sum borrowed.
Principal & interest loan
This is a loan where both the interest and the principal is to be repaid.