Monthly Repayment
$371,043
Minimum Household Income
$742,086
Mortgage Plan
Expenses
Stamp Duty [1]
4,499,900
Agent Commission [2]
1,058,800
Sub Total
5,558,700
Deposit
Initial Deposit (5%) [3]
5,294,000
S & P Agreement (5%) [3]
5,294,000
Further Down Payment
21,176,000
Sub Total
31,764,000
Total Cash Outlay
37,322,700
Financing
74,116,000
Total Interest Payable
37,196,900
Total Repayment
111,312,900
Monthly Repayment
371,043
[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.