Are there any other charges that accompany home loans?

Home loans are usually accompanied by the following extra costs:

Processing Charge: It is the fee payable to the lender on applying for a loan. It is either a fixed amount not linked to the loan amount or a percentage of the loan amount.

Pre-payment Penalty: When a loan is repaid before the scheduled duration, a penalty is charged by some banks, which is known as the pre-payment penalty.

Miscellaneous Costs: Some lenders may also ask for documentation or consultation charges.