Monthly Repayment
$185,732
Minimum Household Income
$371,464
Mortgage Plan
Expenses
Stamp Duty [1]
2,252,500
Agent Commission [2]
530,000
Sub Total
2,782,500
Deposit
Initial Deposit (5%) [3]
2,650,000
S & P Agreement (5%) [3]
2,650,000
Further Down Payment
10,600,000
Sub Total
15,900,000
Total Cash Outlay
18,682,500
Financing
37,100,000
Total Interest Payable
18,619,600
Total Repayment
55,719,600
Monthly Repayment
185,732
[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.