Monthly Repayment
$264,089
Minimum Household Income
$528,178
Mortgage Plan
Expenses
Stamp Duty [1]
3,202,800
Agent Commission [2]
753,600
Sub Total
3,956,400
Deposit
Initial Deposit (5%) [3]
3,768,000
S & P Agreement (5%) [3]
3,768,000
Further Down Payment
15,072,000
Sub Total
22,608,000
Total Cash Outlay
26,564,400
Financing
52,752,000
Total Interest Payable
26,474,700
Total Repayment
79,226,700
Monthly Repayment
264,089
[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.