Can transfer costs be included in your bond?

Transfer costs can indeed be included in your bond, in the form of the 105% home loan.

The 105% home loan also includes bond registration costs. These additional costs are usually a barrier to first-time homebuyers, but are removed from the equation by the 105% bond.

You can use our Transfer Cost Calculator to determine what you would normally be paying on transfer and bond registration for your home loan, as you can see how much you’re saving.

Bear in mind that a 105% home loan will have high monthly repayments and interest rates. You’ll be paying less in the short term but more in the long term.

You’ll need a good credit record to qualify for a 105% home loan, as the bank is taking a risk. 610+ is the minimum required, and 661+ is considered a good credit record.