Monthly Repayment
$220,075
Minimum Household Income
$440,150
Mortgage Plan
Expenses
Stamp Duty [1]
2,669,000
Agent Commission [2]
628,000
Sub Total
3,297,000
Deposit
Initial Deposit (5%) [3]
3,140,000
S & P Agreement (5%) [3]
3,140,000
Further Down Payment
12,560,000
Sub Total
18,840,000
Total Cash Outlay
22,137,000
Financing
43,960,000
Total Interest Payable
22,062,500
Total Repayment
66,022,500
Monthly Repayment
220,075
[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.