Monthly Repayment
$164,706
Minimum Household Income
$329,412
Mortgage Plan
Expenses
Stamp Duty [1]
1,997,501
Agent Commission [2]
470,000
Sub Total
2,467,501
Deposit
Initial Deposit (5%) [3]
2,350,000
S & P Agreement (5%) [3]
2,350,000
Further Down Payment
9,400,000
Sub Total
14,100,000
Total Cash Outlay
16,567,501
Financing
32,900,000
Total Interest Payable
16,511,800
Total Repayment
49,411,800
Monthly Repayment
164,706
[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.