Monthly Repayment
$239,173
Minimum Household Income
$478,346
Mortgage Plan
Expenses
Stamp Duty [1]
2,900,625
Agent Commission [2]
682,500
Sub Total
3,583,125
Deposit
Initial Deposit (5%) [3]
3,412,500
S & P Agreement (5%) [3]
3,412,500
Further Down Payment
13,650,000
Sub Total
20,475,000
Total Cash Outlay
24,058,125
Financing
47,775,000
Total Interest Payable
23,976,900
Total Repayment
71,751,900
Monthly Repayment
239,173
[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.