Monthly Repayment
$226,382
Minimum Household Income
$452,764
Mortgage Plan
Expenses
Stamp Duty [1]
2,745,500
Agent Commission [2]
646,000
Sub Total
3,391,500
Deposit
Initial Deposit (5%) [3]
3,230,000
S & P Agreement (5%) [3]
3,230,000
Further Down Payment
12,920,000
Sub Total
19,380,000
Total Cash Outlay
22,771,500
Financing
45,220,000
Total Interest Payable
22,694,600
Total Repayment
67,914,600
Monthly Repayment
226,382
[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.