Monthly Repayment
$286,798
Minimum Household Income
$573,596
Mortgage Plan
Expenses
Stamp Duty [1]
3,478,201
Agent Commission [2]
818,400
Sub Total
4,296,601
Deposit
Initial Deposit (5%) [3]
4,092,000
S & P Agreement (5%) [3]
4,092,000
Further Down Payment
16,368,000
Sub Total
24,552,000
Total Cash Outlay
28,848,601
Financing
57,288,000
Total Interest Payable
28,751,400
Total Repayment
86,039,400
Monthly Repayment
286,798
[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.