Upfront costs are fees and any other costs that you pay at a loan closing. This includes mortgage loans, as well as consumer and installment loans, such as home equity, refinancing, personal or auto loans. Upfront costs are also called closing costs. Upfront costs include the amount needed for a down payment, any prepaid interest, loan underwriting fees, and fees that you pay for ancillary services. These include fees for title search, appraisal and credit report.

Costs paid to apply for a loan, such as loan application fees.

The various fees and charges you will need to pay when your loan settles, including stamp duty, legal fees, mortgage registration fees etc.