There is no penalty for making a loan payment early. A payment will need to be made each month so the loan will not become delinquent.
For most loans, there is no penalty for paying off a loan early. If you have an Equity line-of-credit that is less than one year old, the closing costs Allegacy paid for this loan will have to be refunded if the Equity line-of-credit is paid off before one year has passed.