Monthly Repayment
$136,671
Minimum Household Income
$273,342
Mortgage Plan
Expenses
Stamp Duty [1]
1,657,501
Agent Commission [2]
390,000
Sub Total
2,047,501
Deposit
Initial Deposit (5%) [3]
1,950,000
S & P Agreement (5%) [3]
1,950,000
Further Down Payment
7,800,000
Sub Total
11,700,000
Total Cash Outlay
13,747,501
Financing
27,300,000
Total Interest Payable
13,701,300
Total Repayment
41,001,300
Monthly Repayment
136,671
[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.