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LP Home Loans is committed to making loan costs transparent. As such, a list of fees and charges relating to the set up and discharge of our products is set out below. | Set Up Costs | | Valuation fee (payable before valuation ordered) | From $220 | | Lenders legal fee (excl disbursements) (payable before loan contract ordered) | From $330 | | With premium rate discount optionStandard Variable -(0.15% p.a reduction)Fastdoc - (0.10% p.a. reduction) | Settlement fee $350$250 | Annual fee $395$300 | With construction option | Progress payment valuation fees. | Lenders mortgage insurance | At cost if applicable. | Stamp duty on land transfer and/or mortgage | At cost if applicable. | Registration fees on land transfer and/or mortgage | As cost if applicable. | Discharge Costs | Security discharge fee | $350 | | Deferred administration fee(payable if loan fully discharged within the first five years and the loan portability option is not used) | Year | From month | To month | DAF rate | 1 | 0 | 12 | 1.80% | 2 | >12 | 24 | 1.60% | 3 | >24 | 36 | 1.20% | 4 | >36 | 48 | 0.80% | 5 | >48 | 60 | 0.50% | 6 | >60 | | 0.00% |
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