The notary cost also includes the stamps, the mortgage deeds and the VAT on the compensation. When you turn on a mortgage, the costs are not limited to the interest of the capital, but the borrower is also required to pay.
The cost of the substitute tax: is required to the extent of 0.25% on the amount disbursed if the issuing body is a bank or a financial institution and a property for residential purposes is purchased for which you can take advantage of first home discounts. If the financing itself does not refer to the purchase of the first dwelling house and related appurtenances, the rate of 2% on the total value of the loans is used on Wollongong Rentals.
Fire insurance is mandatory and its cost depends on the value of the property, the amount of the loan and its duration.