Monthly Repayment
$139,474
Minimum Household Income
$278,948
Mortgage Plan
Expenses
Stamp Duty [1]
1,691,501
Agent Commission [2]
398,000
Sub Total
2,089,501
Deposit
Initial Deposit (5%) [3]
1,990,000
S & P Agreement (5%) [3]
1,990,000
Further Down Payment
7,960,000
Sub Total
11,940,000
Total Cash Outlay
14,029,501
Financing
27,860,000
Total Interest Payable
13,982,200
Total Repayment
41,842,200
Monthly Repayment
139,474
[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.