Loan early payoff options?


Are there any prepayment penalties on a TSP loan, and how would I go about making additional payments?

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Posted by (Questions: 1, Answers: 0)
Asked on December 1, 2017 12:35 am
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You can make additional payments or prepay your TSP loan at any time by making a check payable to the TSP and submitting it along with a loan payment coupon (TSP-26). You can get the payoff amount via either the TSP website or the ThriftLine.
You can find out more about TSP loans in their informational booklet “Loans” which can be found in the “forms and publications” section of the TSP website.

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Posted by (Questions: 0, Answers: 61)
Answered on December 1, 2017 5:04 pm