Monthly Repayment
$137,722
Minimum Household Income
$275,444
Mortgage Plan
Expenses
Stamp Duty [1]
1,670,251
Agent Commission [2]
393,000
Sub Total
2,063,251
Deposit
Initial Deposit (5%) [3]
1,965,000
S & P Agreement (5%) [3]
1,965,000
Further Down Payment
7,860,000
Sub Total
11,790,000
Total Cash Outlay
13,853,251
Financing
27,510,000
Total Interest Payable
13,806,600
Total Repayment
41,316,600
Monthly Repayment
137,722
[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.