Monthly Repayment
$238,297
Minimum Household Income
$476,594
Mortgage Plan
Expenses
Stamp Duty [1]
2,890,000
Agent Commission [2]
680,000
Sub Total
3,570,000
Deposit
Initial Deposit (5%) [3]
3,400,000
S & P Agreement (5%) [3]
3,400,000
Further Down Payment
13,600,000
Sub Total
20,400,000
Total Cash Outlay
23,970,000
Financing
47,600,000
Total Interest Payable
23,889,100
Total Repayment
71,489,100
Monthly Repayment
238,297
[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.