Monthly Repayment
$100,926
Minimum Household Income
$201,852
Mortgage Plan
Expenses
Stamp Duty [1]
1,224,000
Agent Commission [2]
288,000
Sub Total
1,512,000
Deposit
Initial Deposit (5%) [3]
1,440,000
S & P Agreement (5%) [3]
1,440,000
Further Down Payment
5,760,000
Sub Total
8,640,000
Total Cash Outlay
10,152,000
Financing
20,160,000
Total Interest Payable
10,117,800
Total Repayment
30,277,800
Monthly Repayment
100,926
[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.