Monthly Repayment
$153,492
Minimum Household Income
$306,984
Mortgage Plan
Expenses
Stamp Duty [1]
1,861,501
Agent Commission [2]
438,000
Sub Total
2,299,501
Deposit
Initial Deposit (5%) [3]
2,190,000
S & P Agreement (5%) [3]
2,190,000
Further Down Payment
8,760,000
Sub Total
13,140,000
Total Cash Outlay
15,439,501
Financing
30,660,000
Total Interest Payable
15,387,600
Total Repayment
46,047,600
Monthly Repayment
153,492
[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.