Monthly Repayment
$126,158
Minimum Household Income
$252,316
Mortgage Plan
Expenses
Stamp Duty [1]
1,530,000
Agent Commission [2]
360,000
Sub Total
1,890,000
Deposit
Initial Deposit (5%) [3]
1,800,000
S & P Agreement (5%) [3]
1,800,000
Further Down Payment
7,200,000
Sub Total
10,800,000
Total Cash Outlay
12,690,000
Financing
25,200,000
Total Interest Payable
12,647,400
Total Repayment
37,847,400
Monthly Repayment
126,158
[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.