Monthly Repayment
$140,105
Minimum Household Income
$280,210
Mortgage Plan
Expenses
Stamp Duty [1]
1,699,151
Agent Commission [2]
399,800
Sub Total
2,098,951
Deposit
Initial Deposit (5%) [3]
1,999,000
S & P Agreement (5%) [3]
1,999,000
Further Down Payment
7,996,000
Sub Total
11,994,000
Total Cash Outlay
14,092,951
Financing
27,986,000
Total Interest Payable
14,045,500
Total Repayment
42,031,500
Monthly Repayment
140,105
[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.