Monthly Repayment
$157,697
Minimum Household Income
$315,394
Mortgage Plan
Expenses
Stamp Duty [1]
1,912,501
Agent Commission [2]
450,000
Sub Total
2,362,501
Deposit
Initial Deposit (5%) [3]
2,250,000
S & P Agreement (5%) [3]
2,250,000
Further Down Payment
9,000,000
Sub Total
13,500,000
Total Cash Outlay
15,862,501
Financing
31,500,000
Total Interest Payable
15,809,100
Total Repayment
47,309,100
Monthly Repayment
157,697
[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.