Monthly Repayment
$279,382
Minimum Household Income
$558,764
Mortgage Plan
Expenses
Stamp Duty [1]
3,388,271
Agent Commission [2]
797,240
Sub Total
4,185,511
Deposit
Initial Deposit (5%) [3]
3,986,200
S & P Agreement (5%) [3]
3,986,200
Further Down Payment
15,944,800
Sub Total
23,917,200
Total Cash Outlay
28,102,711
Financing
55,806,800
Total Interest Payable
28,007,800
Total Repayment
83,814,600
Monthly Repayment
279,382
[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.