Monthly Repayment
$189,236
Minimum Household Income
$378,472
Mortgage Plan
Expenses
Stamp Duty [1]
2,295,000
Agent Commission [2]
540,000
Sub Total
2,835,000
Deposit
Initial Deposit (5%) [3]
2,700,000
S & P Agreement (5%) [3]
2,700,000
Further Down Payment
10,800,000
Sub Total
16,200,000
Total Cash Outlay
19,035,000
Financing
37,800,000
Total Interest Payable
18,970,800
Total Repayment
56,770,800
Monthly Repayment
189,236
[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.