Monthly Repayment
$309,226
Minimum Household Income
$618,452
Mortgage Plan
Expenses
Stamp Duty [1]
3,750,201
Agent Commission [2]
882,400
Sub Total
4,632,601
Deposit
Initial Deposit (5%) [3]
4,412,000
S & P Agreement (5%) [3]
4,412,000
Further Down Payment
17,648,000
Sub Total
26,472,000
Total Cash Outlay
31,104,601
Financing
61,768,000
Total Interest Payable
30,999,800
Total Repayment
92,767,800
Monthly Repayment
309,226
[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.