Monthly Repayment
$203,254
Minimum Household Income
$406,508
Mortgage Plan
Expenses
Stamp Duty [1]
2,465,000
Agent Commission [2]
580,000
Sub Total
3,045,000
Deposit
Initial Deposit (5%) [3]
2,900,000
S & P Agreement (5%) [3]
2,900,000
Further Down Payment
11,600,000
Sub Total
17,400,000
Total Cash Outlay
20,445,000
Financing
40,600,000
Total Interest Payable
20,376,200
Total Repayment
60,976,200
Monthly Repayment
203,254
[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.