Monthly Repayment
$112,841
Minimum Household Income
$225,682
Mortgage Plan
Expenses
Stamp Duty [1]
1,368,500
Agent Commission [2]
322,000
Sub Total
1,690,500
Deposit
Initial Deposit (5%) [3]
1,610,000
S & P Agreement (5%) [3]
1,610,000
Further Down Payment
6,440,000
Sub Total
9,660,000
Total Cash Outlay
11,350,500
Financing
22,540,000
Total Interest Payable
11,312,300
Total Repayment
33,852,300
Monthly Repayment
112,841
[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.