View Setup Costs
As the name implies, this page gives you a very good idea of what it will cost to
setup your new home loan so you don’t get caught off guard by the additional
fees you can expect to incur. Here you will be able to view your:
- Loan application fee*
- Stamp duty on the mortgage**
- Strata search fee
- Registration fee
- Settlement fee
- Postage
- Loan exit fee
- Stamp duty for property purchase**
- Your Loan to Valuation Ratio (LVR)
- Mortgage insurance***
- Stamp duty on mortgage insurance***
- Total establishment cost
* Approximate value
** Depending on the state in which you reside
*** Where applicable
OVERRIDE FUNCTION: Once you know the exact amount of your loan, you can enter
that figure at the bottom of the screen, click on “Save and continue”, and the
program will use this new value to update and commence its calculations for your
Mortgage Reduction Plan.
To find out more about other features of this powerful budgeting tool, click on the links to the left.
