Monthly Repayment
$178,022
Minimum Household Income
$356,044
Mortgage Plan
Expenses
Stamp Duty [1]
2,159,000
Agent Commission [2]
508,000
Sub Total
2,667,000
Deposit
Initial Deposit (5%) [3]
2,540,000
S & P Agreement (5%) [3]
2,540,000
Further Down Payment
10,160,000
Sub Total
15,240,000
Total Cash Outlay
17,907,000
Financing
35,560,000
Total Interest Payable
17,846,600
Total Repayment
53,406,600
Monthly Repayment
178,022
[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.