Monthly Repayment
$257,326
Minimum Household Income
$514,652
Mortgage Plan
Expenses
Stamp Duty [1]
3,120,775
Agent Commission [2]
734,300
Sub Total
3,855,075
Deposit
Initial Deposit (5%) [3]
3,671,500
S & P Agreement (5%) [3]
3,671,500
Further Down Payment
14,686,000
Sub Total
22,029,000
Total Cash Outlay
25,884,075
Financing
51,401,000
Total Interest Payable
25,796,800
Total Repayment
77,197,800
Monthly Repayment
257,326
[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.