Monthly Repayment
$107,332
Minimum Household Income
$214,664
Mortgage Plan
Expenses
Stamp Duty [1]
1,301,690
Agent Commission [2]
306,280
Sub Total
1,607,970
Deposit
Initial Deposit (5%) [3]
1,531,400
S & P Agreement (5%) [3]
1,531,400
Further Down Payment
6,125,600
Sub Total
9,188,400
Total Cash Outlay
10,796,370
Financing
21,439,600
Total Interest Payable
10,760,000
Total Repayment
32,199,600
Monthly Repayment
107,332
[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.