What are the three types of fees?

Understanding the Three Fee Types and How They Are Applied
  • Amortizing Fees. Amortizing fees, also known as deferred fees, are applied when the loan is originally opened. ...
  • Miscellaneous Fees. Miscellaneous fees are applied after a loan is opened when certain actions take place on the account. ...
  • Maintenance Fees (P/I Fee)




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Most often, fees are the payment one makes for service, both basic—mowing a lawn, for example, and complex—like drafting a will or preparing your taxes. Sometimes there is more than one fee charged for a service (i.e., buying a plane ticket for X amount of money, but getting hit with luggage fees and travel fees).

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