Monthly Repayment
$231,289
Minimum Household Income
$462,578
Mortgage Plan
Expenses
Stamp Duty [1]
2,805,000
Agent Commission [2]
660,000
Sub Total
3,465,000
Deposit
Initial Deposit (5%) [3]
3,300,000
S & P Agreement (5%) [3]
3,300,000
Further Down Payment
13,200,000
Sub Total
19,800,000
Total Cash Outlay
23,265,000
Financing
46,200,000
Total Interest Payable
23,186,700
Total Repayment
69,386,700
Monthly Repayment
231,289
[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.