Monthly Repayment
$152,440
Minimum Household Income
$304,880
Mortgage Plan
Expenses
Stamp Duty [1]
1,848,751
Agent Commission [2]
435,000
Sub Total
2,283,751
Deposit
Initial Deposit (5%) [3]
2,175,000
S & P Agreement (5%) [3]
2,175,000
Further Down Payment
8,700,000
Sub Total
13,050,000
Total Cash Outlay
15,333,751
Financing
30,450,000
Total Interest Payable
15,282,000
Total Repayment
45,732,000
Monthly Repayment
152,440
[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.