Monthly Repayment
$162,953
Minimum Household Income
$325,906
Mortgage Plan
Expenses
Stamp Duty [1]
1,976,251
Agent Commission [2]
465,000
Sub Total
2,441,251
Deposit
Initial Deposit (5%) [3]
2,325,000
S & P Agreement (5%) [3]
2,325,000
Further Down Payment
9,300,000
Sub Total
13,950,000
Total Cash Outlay
16,391,251
Financing
32,550,000
Total Interest Payable
16,335,900
Total Repayment
48,885,900
Monthly Repayment
162,953
[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.