Monthly Repayment
$147,184
Minimum Household Income
$294,368
Mortgage Plan
Expenses
Stamp Duty [1]
1,785,001
Agent Commission [2]
420,000
Sub Total
2,205,001
Deposit
Initial Deposit (5%) [3]
2,100,000
S & P Agreement (5%) [3]
2,100,000
Further Down Payment
8,400,000
Sub Total
12,600,000
Total Cash Outlay
14,805,001
Financing
29,400,000
Total Interest Payable
14,755,200
Total Repayment
44,155,200
Monthly Repayment
147,184
[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.