Monthly Repayment
$135,970
Minimum Household Income
$271,940
Mortgage Plan
Expenses
Stamp Duty [1]
1,649,001
Agent Commission [2]
388,000
Sub Total
2,037,001
Deposit
Initial Deposit (5%) [3]
1,940,000
S & P Agreement (5%) [3]
1,940,000
Further Down Payment
7,760,000
Sub Total
11,640,000
Total Cash Outlay
13,677,001
Financing
27,160,000
Total Interest Payable
13,631,000
Total Repayment
40,791,000
Monthly Repayment
135,970
[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.