Monthly Repayment
$148,936
Minimum Household Income
$297,872
Mortgage Plan
Expenses
Stamp Duty [1]
1,806,251
Agent Commission [2]
425,000
Sub Total
2,231,251
Deposit
Initial Deposit (5%) [3]
2,125,000
S & P Agreement (5%) [3]
2,125,000
Further Down Payment
8,500,000
Sub Total
12,750,000
Total Cash Outlay
14,981,251
Financing
29,750,000
Total Interest Payable
14,930,800
Total Repayment
44,680,800
Monthly Repayment
148,936
[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.