Pre-pay Ford Options

pmoc09

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Does anyone know what happens if one makes a pre-payment on the principal balance in case of Ford Options? Does it reduce the number of payments or reduces the balloon payment?
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eltonlin

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Does anyone know what happens if one makes a pre-payment on the principal balance in case of Ford Options? Does it reduce the number of payments or reduces the balloon payment?
If you make a pre-payment on principal, you may call Ford Credit and request that they recalculate the monthly payment accordingly. Believe they may accommodate this request once, per prior postings about this.
 
 




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