Monthly Repayment
$332,418
Minimum Household Income
$664,836
Mortgage Plan
Expenses
Stamp Duty [1]
4,031,466
Agent Commission [2]
948,580
Sub Total
4,980,046
Deposit
Initial Deposit (5%) [3]
4,742,900
S & P Agreement (5%) [3]
4,742,900
Further Down Payment
18,971,600
Sub Total
28,457,400
Total Cash Outlay
33,437,446
Financing
66,400,600
Total Interest Payable
33,324,800
Total Repayment
99,725,400
Monthly Repayment
332,418
[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.