Monthly Repayment
$143,679
Minimum Household Income
$287,358
Mortgage Plan
Expenses
Stamp Duty [1]
1,742,501
Agent Commission [2]
410,000
Sub Total
2,152,501
Deposit
Initial Deposit (5%) [3]
2,050,000
S & P Agreement (5%) [3]
2,050,000
Further Down Payment
8,200,000
Sub Total
12,300,000
Total Cash Outlay
14,452,501
Financing
28,700,000
Total Interest Payable
14,403,700
Total Repayment
43,103,700
Monthly Repayment
143,679
[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.