Monthly Repayment
$139,825
Minimum Household Income
$279,650
Mortgage Plan
Expenses
Stamp Duty [1]
1,695,751
Agent Commission [2]
399,000
Sub Total
2,094,751
Deposit
Initial Deposit (5%) [3]
1,995,000
S & P Agreement (5%) [3]
1,995,000
Further Down Payment
7,980,000
Sub Total
11,970,000
Total Cash Outlay
14,064,751
Financing
27,930,000
Total Interest Payable
14,017,500
Total Repayment
41,947,500
Monthly Repayment
139,825
[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.