Pre-payment Options: It's always nice to know the amount of "privilege" payments that you are allowed to make onto the principal balance of your mortgage. Perhaps you are coming into some money? Maybe every year you get a nice bonus that you want to apply to your mortgage? You'll need to know what percentage you are allowed to apply and what percentage you can increase your regular payments by incase you want to pay off your mortgage faster.

Penalties: Although you may think you will stay in your mortgage for the full term, it's good to know what your penalty will be if you decide to sell, transfer, or refinance. Some institutions charge astronomically high penalties, so it's important to find out how they will calculate your penalty when/if you decide to break out of the mortgage. Some lenders would only allow you to pay out your mortgage before the term is up if the house is sold.

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