Mortgage Reduction Software - View Setup Costs

View Setup Costs

As the name implies, this page give 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

OVERIDE 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.

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