An origination fee is a charge that may be associated with creating a new loan. Depending on the lender and product, the fee may be deducted from loan proceeds.
Why net proceeds can differ
The amount you are approved for and the amount you actually receive can differ if fees are deducted at funding.
What to review
- The origination fee percentage or amount
- Whether the fee is deducted from proceeds
- Your APR after fees are considered
- Your monthly payment and total repayment amount
Back to Resources
Fee review
Net proceeds
Fees can reduce the amount you actually receive.
APR impact
Origination fees are often reflected in APR.
Agreement details
Always confirm exact terms in your final loan agreement.
