Monthly Repayment
$108,110
Minimum Household Income
$216,220
Mortgage Plan
Expenses
Stamp Duty [1]
1,311,125
Agent Commission [2]
308,500
Sub Total
1,619,625
Deposit
Initial Deposit (5%) [3]
1,542,500
S & P Agreement (5%) [3]
1,542,500
Further Down Payment
6,170,000
Sub Total
9,255,000
Total Cash Outlay
10,874,625
Financing
21,595,000
Total Interest Payable
10,838,000
Total Repayment
32,433,000
Monthly Repayment
108,110
[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.