Monthly Repayment
$111,439
Minimum Household Income
$222,878
Mortgage Plan
Expenses
Stamp Duty [1]
1,351,500
Agent Commission [2]
318,000
Sub Total
1,669,500
Deposit
Initial Deposit (5%) [3]
1,590,000
S & P Agreement (5%) [3]
1,590,000
Further Down Payment
6,360,000
Sub Total
9,540,000
Total Cash Outlay
11,209,500
Financing
22,260,000
Total Interest Payable
11,171,700
Total Repayment
33,431,700
Monthly Repayment
111,439
[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.