Monthly Repayment
$174,518
Minimum Household Income
$349,036
Mortgage Plan
Expenses
Stamp Duty [1]
2,116,500
Agent Commission [2]
498,000
Sub Total
2,614,500
Deposit
Initial Deposit (5%) [3]
2,490,000
S & P Agreement (5%) [3]
2,490,000
Further Down Payment
9,960,000
Sub Total
14,940,000
Total Cash Outlay
17,554,500
Financing
34,860,000
Total Interest Payable
17,495,400
Total Repayment
52,355,400
Monthly Repayment
174,518
[1] Exact Stamp Duty to be determined by Government
[2] Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
[3] Normally 5% of the purchase price (Exact % to be negotiated between buyer and seller)
The calculated values are based on assumptions and provide an approximate result for your reference only.