Monthly Repayment
$132,465
Minimum Household Income
$264,930
Mortgage Plan
Expenses
Stamp Duty [1]
1,606,500
Agent Commission [2]
378,000
Sub Total
1,984,500
Deposit
Initial Deposit (5%) [3]
1,890,000
S & P Agreement (5%) [3]
1,890,000
Further Down Payment
7,560,000
Sub Total
11,340,000
Total Cash Outlay
13,324,500
Financing
26,460,000
Total Interest Payable
13,279,500
Total Repayment
39,739,500
Monthly Repayment
132,465
[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.