Monthly Repayment
$270,573
Minimum Household Income
$541,146
Mortgage Plan
Expenses
Stamp Duty [1]
3,281,426
Agent Commission [2]
772,100
Sub Total
4,053,526
Deposit
Initial Deposit (5%) [3]
3,860,500
S & P Agreement (5%) [3]
3,860,500
Further Down Payment
15,442,000
Sub Total
23,163,000
Total Cash Outlay
27,216,526
Financing
54,047,000
Total Interest Payable
27,124,900
Total Repayment
81,171,900
Monthly Repayment
270,573
[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.