Louisiana Revised Statutes Tit. 9, § 5324. Schedule of penalties

(1) Five percent of the unpaid principal balance if prepaid during the first year from the date of the instrument;

(2) Four percent of the unpaid principal balance if prepaid during the second year from the date of the instrument;

(3) Three percent of the unpaid principal balance if prepaid during the third year from the date of the instrument;

(4) Two percent of the unpaid principal balance if prepaid during the fourth year from the date of the instrument;

(5) One percent of the unpaid principal balance if prepaid during the fifth year from the date of the instrument;

(6) No prepayment penalty shall be assessed if prepaid more than five years from the date of the instrument.