Monthly Repayment
$121,532
Minimum Household Income
$243,064
Mortgage Plan
Expenses
Stamp Duty [1]
1,473,900
Agent Commission [2]
346,800
Sub Total
1,820,700
Deposit
Initial Deposit (5%) [3]
1,734,000
S & P Agreement (5%) [3]
1,734,000
Further Down Payment
6,936,000
Sub Total
10,404,000
Total Cash Outlay
12,224,700
Financing
24,276,000
Total Interest Payable
12,183,600
Total Repayment
36,459,600
Monthly Repayment
121,532
[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.