Monthly Repayment
$141,927
Minimum Household Income
$283,854
Mortgage Plan
Expenses
Stamp Duty [1]
1,721,251
Agent Commission [2]
405,000
Sub Total
2,126,251
Deposit
Initial Deposit (5%) [3]
2,025,000
S & P Agreement (5%) [3]
2,025,000
Further Down Payment
8,100,000
Sub Total
12,150,000
Total Cash Outlay
14,276,251
Financing
28,350,000
Total Interest Payable
14,228,100
Total Repayment
42,578,100
Monthly Repayment
141,927
[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.