Monthly Repayment
$115,119
Minimum Household Income
$230,238
Mortgage Plan
Expenses
Stamp Duty [1]
1,396,125
Agent Commission [2]
328,500
Sub Total
1,724,625
Deposit
Initial Deposit (5%) [3]
1,642,500
S & P Agreement (5%) [3]
1,642,500
Further Down Payment
6,570,000
Sub Total
9,855,000
Total Cash Outlay
11,579,625
Financing
22,995,000
Total Interest Payable
11,540,700
Total Repayment
34,535,700
Monthly Repayment
115,119
[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.