Key Takeaways
- • Beyond the down payment: transfer fee, mortgage registration, prepaid common fees
- • Reserve an extra ~3–5% of the price for transfer-day costs
- • Sinking fund and common fees are first paid at handover
Many first-time buyers prepare only the down payment, then panic near transfer over unexpected costs. Knowing the hidden costs upfront keeps your plan complete.
The down payment
New condos take ~10–25% in installments; resale units often need more cash since banks may not lend the full price.
Forgotten transfer-day costs
| Item | Approx. |
|---|---|
| Transfer fee | 2% of appraisal (often split) |
| Mortgage registration | 1% of loan |
| Sinking fund (once) | By unit area |
| Prepaid common fee | Often 1 year |
| Utility meters | A few thousand baht |
How much is enough
Beyond the down payment, reserve ~3–5% of the price for transfer-day costs — a 3M condo needs ~90,000–150,000 baht spare so you are not scrambling last minute.
References
- Department of Lands — transfer fees
- Condominium Act B.E. 2522 — fund and common fees
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