Monthly Repayment
$172,275
Minimum Household Income
$344,550
Mortgage Plan
Expenses
Stamp Duty [1]
2,089,301
Agent Commission [2]
491,600
Sub Total
2,580,901
Deposit
Initial Deposit (5%) [3]
2,458,000
S & P Agreement (5%) [3]
2,458,000
Further Down Payment
9,832,000
Sub Total
14,748,000
Total Cash Outlay
17,328,901
Financing
34,412,000
Total Interest Payable
17,270,500
Total Repayment
51,682,500
Monthly Repayment
172,275
[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.