Monthly Repayment
$121,952
Minimum Household Income
$243,904
Mortgage Plan
Expenses
Stamp Duty [1]
1,479,000
Agent Commission [2]
348,000
Sub Total
1,827,000
Deposit
Initial Deposit (5%) [3]
1,740,000
S & P Agreement (5%) [3]
1,740,000
Further Down Payment
6,960,000
Sub Total
10,440,000
Total Cash Outlay
12,267,000
Financing
24,360,000
Total Interest Payable
12,225,600
Total Repayment
36,585,600
Monthly Repayment
121,952
[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.