Monthly Repayment
$149,987
Minimum Household Income
$299,974
Mortgage Plan
Expenses
Stamp Duty [1]
1,819,001
Agent Commission [2]
428,000
Sub Total
2,247,001
Deposit
Initial Deposit (5%) [3]
2,140,000
S & P Agreement (5%) [3]
2,140,000
Further Down Payment
8,560,000
Sub Total
12,840,000
Total Cash Outlay
15,087,001
Financing
29,960,000
Total Interest Payable
15,036,100
Total Repayment
44,996,100
Monthly Repayment
149,987
[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.