Monthly Repayment
$242,622
Minimum Household Income
$485,244
Mortgage Plan
Expenses
Stamp Duty [1]
2,942,445
Agent Commission [2]
692,340
Sub Total
3,634,785
Deposit
Initial Deposit (5%) [3]
3,461,700
S & P Agreement (5%) [3]
3,461,700
Further Down Payment
13,846,800
Sub Total
20,770,200
Total Cash Outlay
24,404,985
Financing
48,463,800
Total Interest Payable
24,322,800
Total Repayment
72,786,600
Monthly Repayment
242,622
[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.