Monthly Repayment
$215,519
Minimum Household Income
$431,038
Mortgage Plan
Expenses
Stamp Duty [1]
2,613,750
Agent Commission [2]
615,000
Sub Total
3,228,750
Deposit
Initial Deposit (5%) [3]
3,075,000
S & P Agreement (5%) [3]
3,075,000
Further Down Payment
12,300,000
Sub Total
18,450,000
Total Cash Outlay
21,678,750
Financing
43,050,000
Total Interest Payable
21,605,700
Total Repayment
64,655,700
Monthly Repayment
215,519
[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.