Hi, as with normal bank practise, bank disburse loan amt say total $400,000. Bank is then authorised to deduct the stamp duty and transfer fees plus other fees from the total amount. Eg stamp duty - $15,000. Nett amount will be used for settlement. Do I get tax deduction on interest cost for $400,000 or $385,000. If its the later, is there any way I can avoid? Eg, transfer the amt to the solicitor first before the bank offer? Pls advise.