Monthly Repayment
$102,328
Minimum Household Income
$204,656
Mortgage Plan
Expenses
Stamp Duty [1]
1,241,000
Agent Commission [2]
292,000
Sub Total
1,533,000
Deposit
Initial Deposit (5%) [3]
1,460,000
S & P Agreement (5%) [3]
1,460,000
Further Down Payment
5,840,000
Sub Total
8,760,000
Total Cash Outlay
10,293,000
Financing
20,440,000
Total Interest Payable
10,258,400
Total Repayment
30,698,400
Monthly Repayment
102,328
[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.