Monthly Repayment
$286,034
Minimum Household Income
$572,068
Mortgage Plan
Expenses
Stamp Duty [1]
3,468,936
Agent Commission [2]
816,220
Sub Total
4,285,156
Deposit
Initial Deposit (5%) [3]
4,081,100
S & P Agreement (5%) [3]
4,081,100
Further Down Payment
16,324,400
Sub Total
24,486,600
Total Cash Outlay
28,771,756
Financing
57,135,400
Total Interest Payable
28,674,800
Total Repayment
85,810,200
Monthly Repayment
286,034
[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.