Monthly Repayment
$175,219
Minimum Household Income
$350,438
Mortgage Plan
Expenses
Stamp Duty [1]
2,125,000
Agent Commission [2]
500,000
Sub Total
2,625,000
Deposit
Initial Deposit (5%) [3]
2,500,000
S & P Agreement (5%) [3]
2,500,000
Further Down Payment
10,000,000
Sub Total
15,000,000
Total Cash Outlay
17,625,000
Financing
35,000,000
Total Interest Payable
17,565,700
Total Repayment
52,565,700
Monthly Repayment
175,219
[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.