Search
Close this search box.
Home Loan Variable: 5.94% (5.95%*) • Home Loan Fixed: 5.79% (6.39%*) • Fixed: 5.79% (6.39%*) • Variable: 5.94% (5.95%*) • Investment IO: 6.14% (6.58%*) • Investment PI: 5.99% (6.61%*)

What is Mortgage Registration Fee, Transfer Fee, and How Much is Payable?

The Mortgage Registration Fee is a charge by the State or Territory land titles office to register the lender’s mortgage on the property’s title record, and is paid by the borrower in full at the time a loan is transacted. Should you default on your loan to the limits of bank policy, the registration of the mortgage against the bank will allow them to take ownership.

The Title Transfer Fee is a state/territory government fee for transferring the property title from the seller to the buyer. The cost can vary significantly depending on the location and/or state or territory of the property.

Purchasing a home is an administrative-intensive process that still relies on administration workers filling old-school manila folders and filing away documents in archaic filing cabinets. Given the reliance on this manual labour there are still fees to cover this process. The market is progressively moving towards a technology-driven system, but until then we’re charged various fees, such as the Mortgage Registration fee.

Stamp Duty Calculator

The stamp duty calculator returns the Mortgage Registration Fee and Title Transfer Fee alongside the Stamp Duty.

Sorry, the stamp duty calculator is unavailable for a short time. Please check back again soon.

Ask us a question and we will get back to you within 1 working day

  E. Australia Standard Time [ UTC+10, Default ] [ CHECK TO CHANGE ]

  Want to have a no-obligation discussion?
 

Related FAQs:

BeliefMedia

What is a Risk Fee?

A Risk Fee is a once-off charge payable by you when the amount of money you borrow for the purchase of a home or asset if higher than that lender’s acceptable LVR. For a home loan, this is usually 80% of the value of the home (80% LVR) …

Read More »
Loungeroom with Fireplace
BeliefMedia

No Deposit Home Loans

Most lenders have moved away from the no-deposit home loan, although there are a few products available with very strict criteria. Excluding the no-deposit opportunities made available to the medial industry and other …

Read More »

Share this FAQ

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest