Monthly Repayment
$276,144
Minimum Household Income
$552,288
Mortgage Plan
Expenses
Stamp Duty [1]
3,349,001
Agent Commission [2]
788,000
Sub Total
4,137,001
Deposit
Initial Deposit (5%) [3]
3,940,000
S & P Agreement (5%) [3]
3,940,000
Further Down Payment
15,760,000
Sub Total
23,640,000
Total Cash Outlay
27,777,001
Financing
55,160,000
Total Interest Payable
27,683,200
Total Repayment
82,843,200
Monthly Repayment
276,144
[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.