Monthly Repayment
$286,773
Minimum Household Income
$573,546
Mortgage Plan
Expenses
Stamp Duty [1]
3,477,903
Agent Commission [2]
818,330
Sub Total
4,296,233
Deposit
Initial Deposit (5%) [3]
4,091,650
S & P Agreement (5%) [3]
4,091,650
Further Down Payment
16,366,600
Sub Total
24,549,900
Total Cash Outlay
28,846,133
Financing
57,283,100
Total Interest Payable
28,748,800
Total Repayment
86,031,900
Monthly Repayment
286,773
[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.