Minimum Household Income
$172,956
Mortgage Plan
Expenses
Stamp Duty [1]
1,048,773
Agent Commission [2]
246,770
Sub Total
1,295,543
Deposit
Initial Deposit (5%) [3]
1,233,850
S & P Agreement (5%) [3]
1,233,850
Further Down Payment
4,935,400
Sub Total
7,403,100
Total Cash Outlay
8,698,643
Financing
17,273,900
Total Interest Payable
8,669,500
Total Repayment
25,943,400
Monthly Repayment
86,478
[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.