Monthly Repayment
$139,790
Minimum Household Income
$279,580
Mortgage Plan
Expenses
Stamp Duty [1]
1,695,326
Agent Commission [2]
398,900
Sub Total
2,094,226
Deposit
Initial Deposit (5%) [3]
1,994,500
S & P Agreement (5%) [3]
1,994,500
Further Down Payment
7,978,000
Sub Total
11,967,000
Total Cash Outlay
14,061,226
Financing
27,923,000
Total Interest Payable
14,014,000
Total Repayment
41,937,000
Monthly Repayment
139,790
[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.