Monthly Repayment
$208,510
Minimum Household Income
$417,020
Mortgage Plan
Expenses
Stamp Duty [1]
2,528,750
Agent Commission [2]
595,000
Sub Total
3,123,750
Deposit
Initial Deposit (5%) [3]
2,975,000
S & P Agreement (5%) [3]
2,975,000
Further Down Payment
11,900,000
Sub Total
17,850,000
Total Cash Outlay
20,973,750
Financing
41,650,000
Total Interest Payable
20,903,000
Total Repayment
62,553,000
Monthly Repayment
208,510
[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.