Minimum Household Income
$126,158
Mortgage Plan
Expenses
Stamp Duty [1]
675,000
Agent Commission [2]
180,000
Sub Total
855,000
Deposit
Initial Deposit (5%) [3]
900,000
S & P Agreement (5%) [3]
900,000
Further Down Payment
3,600,000
Sub Total
5,400,000
Total Cash Outlay
6,255,000
Financing
12,600,000
Total Interest Payable
6,323,700
Total Repayment
18,923,700
Monthly Repayment
63,079
[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.