Monthly Repayment
$368,730
Minimum Household Income
$737,460
Mortgage Plan
Expenses
Stamp Duty [1]
4,471,850
Agent Commission [2]
1,052,200
Sub Total
5,524,050
Deposit
Initial Deposit (5%) [3]
5,261,000
S & P Agreement (5%) [3]
5,261,000
Further Down Payment
21,044,000
Sub Total
31,566,000
Total Cash Outlay
37,090,050
Financing
73,654,000
Total Interest Payable
36,965,000
Total Repayment
110,619,000
Monthly Repayment
368,730
[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.