Monthly Repayment
$352,329
Minimum Household Income
$704,658
Mortgage Plan
Expenses
Stamp Duty [1]
4,272,950
Agent Commission [2]
1,005,400
Sub Total
5,278,350
Deposit
Initial Deposit (5%) [3]
5,027,000
S & P Agreement (5%) [3]
5,027,000
Further Down Payment
20,108,000
Sub Total
30,162,000
Total Cash Outlay
35,440,350
Financing
70,378,000
Total Interest Payable
35,320,700
Total Repayment
105,698,700
Monthly Repayment
352,329
[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.