Yes, fees are included with just about every type of loan. Common fees for balance transferring loans may include: Origination Fee: This is an underwriting charge most lenders include with loan funding. The origination fee is typically a percentage of the total loan amount.  Introductory Balance Transfer Fee: This is an initial convenience fee many lenders charge for transferring your balance.  Late Payment Penalty: This is a penalty charge most lenders charge borrowers who make payments after its due date.  Prepayment Penalty: This is an extra charge some lenders include when borrowers make a payment before its due date. These fees can be avoidable, as not all lenders include them.  Your lender should inform you for all fees associated with your loan before you sign your contract.