---
kind: "section"
citation: "24 C.F.R. § 1005.725"
title: "24"
number: "1005.725"
heading: "Handling prepayments."
url: "https://uscodex.org/cfr/24/1005.725"
---

# §1005.725. Handling prepayments.


Notwithstanding the terms of the [Section 184](/cfr/24/184.md) Guaranteed Loan, the Servicer shall accept a prepayment at any time and in any amount. Monthly interest on the [Section 184](/cfr/24/184.md) Guaranteed Loan must be calculated on the actual unpaid principal balance of the [Section 184](/cfr/24/184.md) Guaranteed Loan as of the date the prepayment is received, and not as of the next payment due date.


## Notes

### Authority

Authority: 12 U.S.C. 1715z-13a; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

### Source

Source: 89 FR 20056, Mar. 20, 2024; 89 FR 22084, Mar. 29, 2024, unless otherwise noted.