Monthly Repayment
$216,570
Minimum Household Income
$433,140
Mortgage Plan
Expenses
Stamp Duty [1]
2,626,500
Agent Commission [2]
618,000
Sub Total
3,244,500
Deposit
Initial Deposit (5%) [3]
3,090,000
S & P Agreement (5%) [3]
3,090,000
Further Down Payment
12,360,000
Sub Total
18,540,000
Total Cash Outlay
21,784,500
Financing
43,260,000
Total Interest Payable
21,711,000
Total Repayment
64,971,000
Monthly Repayment
216,570
[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.