Monthly Repayment
$290,162
Minimum Household Income
$580,324
Mortgage Plan
Expenses
Stamp Duty [1]
3,519,001
Agent Commission [2]
828,000
Sub Total
4,347,001
Deposit
Initial Deposit (5%) [3]
4,140,000
S & P Agreement (5%) [3]
4,140,000
Further Down Payment
16,560,000
Sub Total
24,840,000
Total Cash Outlay
29,187,001
Financing
57,960,000
Total Interest Payable
29,088,600
Total Repayment
87,048,600
Monthly Repayment
290,162
[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.