Monthly Repayment
$275,093
Minimum Household Income
$550,186
Mortgage Plan
Expenses
Stamp Duty [1]
3,336,251
Agent Commission [2]
785,000
Sub Total
4,121,251
Deposit
Initial Deposit (5%) [3]
3,925,000
S & P Agreement (5%) [3]
3,925,000
Further Down Payment
15,700,000
Sub Total
23,550,000
Total Cash Outlay
27,671,251
Financing
54,950,000
Total Interest Payable
27,577,900
Total Repayment
82,527,900
Monthly Repayment
275,093
[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.