Monthly Repayment
$169,962
Minimum Household Income
$339,924
Mortgage Plan
Expenses
Stamp Duty [1]
2,061,251
Agent Commission [2]
485,000
Sub Total
2,546,251
Deposit
Initial Deposit (5%) [3]
2,425,000
S & P Agreement (5%) [3]
2,425,000
Further Down Payment
9,700,000
Sub Total
14,550,000
Total Cash Outlay
17,096,251
Financing
33,950,000
Total Interest Payable
17,038,600
Total Repayment
50,988,600
Monthly Repayment
169,962
[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.