Monthly Repayment
$170,733
Minimum Household Income
$341,466
Mortgage Plan
Expenses
Stamp Duty [1]
2,070,601
Agent Commission [2]
487,200
Sub Total
2,557,801
Deposit
Initial Deposit (5%) [3]
2,436,000
S & P Agreement (5%) [3]
2,436,000
Further Down Payment
9,744,000
Sub Total
14,616,000
Total Cash Outlay
17,173,801
Financing
34,104,000
Total Interest Payable
17,115,900
Total Repayment
51,219,900
Monthly Repayment
170,733
[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.