Monthly Repayment
$155,945
Minimum Household Income
$311,890
Mortgage Plan
Expenses
Stamp Duty [1]
1,891,251
Agent Commission [2]
445,000
Sub Total
2,336,251
Deposit
Initial Deposit (5%) [3]
2,225,000
S & P Agreement (5%) [3]
2,225,000
Further Down Payment
8,900,000
Sub Total
13,350,000
Total Cash Outlay
15,686,251
Financing
31,150,000
Total Interest Payable
15,633,500
Total Repayment
46,783,500
Monthly Repayment
155,945
[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.