Monthly Repayment
$173,467
Minimum Household Income
$346,934
Mortgage Plan
Expenses
Stamp Duty [1]
2,103,750
Agent Commission [2]
495,000
Sub Total
2,598,750
Deposit
Initial Deposit (5%) [3]
2,475,000
S & P Agreement (5%) [3]
2,475,000
Further Down Payment
9,900,000
Sub Total
14,850,000
Total Cash Outlay
17,448,750
Financing
34,650,000
Total Interest Payable
17,390,100
Total Repayment
52,040,100
Monthly Repayment
173,467
[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.