Monthly Repayment
$257,151
Minimum Household Income
$514,302
Mortgage Plan
Expenses
Stamp Duty [1]
3,118,650
Agent Commission [2]
733,800
Sub Total
3,852,450
Deposit
Initial Deposit (5%) [3]
3,669,000
S & P Agreement (5%) [3]
3,669,000
Further Down Payment
14,676,000
Sub Total
22,014,000
Total Cash Outlay
25,866,450
Financing
51,366,000
Total Interest Payable
25,779,300
Total Repayment
77,145,300
Monthly Repayment
257,151
[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.