We have quoted on all perceivable fees payable at the time of settlement.  The bank has a responsibility under the Consumer Credit Code to disclose all fees that may be payable for the term of the loan.  Following are some examples, but are not limited to the below:

• We may have quoted $10 per month account keeping fee as part of your selected product.  For a 30 year loan (360 months), the Bank may disclose this fee as $3,600 being $10 per month for the term of the loan.
• The bank must disclose discharge or payout fees.  These fees are definitely payable because the loan will eventually be paid out.  They do not form part of my costing for funds to complete your transaction as they will only occur when the loan is eventually paid out.
• Mortgage Stamp Duty concessions that you may be entitled to are already accounted for when we quoted.  Certain requirements must be satisfied for you to be eligible for any concession.  If you do not return a completed application form (provided by the lender with the loan documents) in time for settlement, any applicable concession may not be processed in time.  As a result, most lenders will quote full Mortgage Stamp Duty (not the amount net of the concession) and will either make an adjustment at settlement or rebate your loan with the applicable concession amount on or shortly after settlement.
• Fees to switch your loan to another product at a later stage, fees payable if you fall behind on your loan repayments and fees to perform other changes to your loan will be quoted in your loan contracts.  We do not quote these fees as they vary and may not be payable.