Minimum Household Income
$131,268
Mortgage Plan
Expenses
Stamp Duty [1]
702,338
Agent Commission [2]
187,290
Sub Total
889,628
Deposit
Initial Deposit (5%) [3]
936,450
S & P Agreement (5%) [3]
936,450
Further Down Payment
3,745,800
Sub Total
5,618,700
Total Cash Outlay
6,508,328
Financing
13,110,300
Total Interest Payable
6,579,900
Total Repayment
19,690,200
Monthly Repayment
65,634
[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.