Property Education Company Blog

Demystifying Loan Fees and Charges: Don’t get stuck in the fine print!

Taking out a loan can feel overwhelming. Between interest rates, repayment terms, and all the financial jargon, it’s easy to get confused. But before you dive in, it’s crucial to understand not just the interest rate, but also the additional fees and charges that can impact your overall borrowing costs.

In today’s newsletter, we shed light on a particularly murky area: loan fees and charges, and go through the five main fees that banks charge currently. I will also talk about annual or ongoing fees, and what to do if you get charged fees.

Watch the video below to learn more.

Download the Transcript Read the Disclaimer

Want to become a loan fee savvy borrower?

Knowledge empowers you to make informed financial decisions. By understanding loan fees and charges, you’ll be well-equipped to go through the loan process with confidence and secure the financing that best suits your needs without any hidden surprises. Remember, a little awareness can go a long way in saving you money!

As always, if we can be of any assistance and you would like a one-on-one consultation for any loan type, please reach out and book a time with us here.

With thanks,

PropertyEd Updates

#MONDAYMORTGAGE LIVE Smart Strategies to Accelerate Your Mortgage Payoff

We’ve got an interesting topic to discuss on our upcoming #MondayMortgage Facebook Live!

If you have refinancing or mortgage questions, JOIN US ON FACEBOOK every Monday at 5pm.

7 Biggest Mistakes Most People Make When Choosing a Mortgage Broker

Our new eBook is finally OUT! Take the first step towards a successful, stress-less homebuying experience.

DOWNLOAD our complimentary eBook now.


Reimagine Your Business With The Power of AI

This seminar is presented by Dale Beaumont, Founder of Business Blueprint and Bizversity, who has helped over 50,000 business owners simplify and grow their business.

Click HERE to go to the website with all of the details.