Monthly Repayment
$330,848
Minimum Household Income
$661,696
Mortgage Plan
Expenses
Stamp Duty [1]
4,012,426
Agent Commission [2]
944,100
Sub Total
4,956,526
Deposit
Initial Deposit (5%) [3]
4,720,500
S & P Agreement (5%) [3]
4,720,500
Further Down Payment
18,882,000
Sub Total
28,323,000
Total Cash Outlay
33,279,526
Financing
66,087,000
Total Interest Payable
33,167,400
Total Repayment
99,254,400
Monthly Repayment
330,848
[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.