Monthly Repayment
$184,716
Minimum Household Income
$369,432
Mortgage Plan
Expenses
Stamp Duty [1]
2,240,175
Agent Commission [2]
527,100
Sub Total
2,767,275
Deposit
Initial Deposit (5%) [3]
2,635,500
S & P Agreement (5%) [3]
2,635,500
Further Down Payment
10,542,000
Sub Total
15,813,000
Total Cash Outlay
18,580,275
Financing
36,897,000
Total Interest Payable
18,517,800
Total Repayment
55,414,800
Monthly Repayment
184,716
[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.