Monthly Repayment
$171,014
Minimum Household Income
$342,028
Mortgage Plan
Expenses
Stamp Duty [1]
2,074,001
Agent Commission [2]
488,000
Sub Total
2,562,001
Deposit
Initial Deposit (5%) [3]
2,440,000
S & P Agreement (5%) [3]
2,440,000
Further Down Payment
9,760,000
Sub Total
14,640,000
Total Cash Outlay
17,202,001
Financing
34,160,000
Total Interest Payable
17,144,200
Total Repayment
51,304,200
Monthly Repayment
171,014
[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.