Monthly Repayment
$174,798
Minimum Household Income
$349,596
Mortgage Plan
Expenses
Stamp Duty [1]
2,119,900
Agent Commission [2]
498,800
Sub Total
2,618,700
Deposit
Initial Deposit (5%) [3]
2,494,000
S & P Agreement (5%) [3]
2,494,000
Further Down Payment
9,976,000
Sub Total
14,964,000
Total Cash Outlay
17,582,700
Financing
34,916,000
Total Interest Payable
17,523,400
Total Repayment
52,439,400
Monthly Repayment
174,798
[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.