Monthly Repayment
$199,749
Minimum Household Income
$399,498
Mortgage Plan
Expenses
Stamp Duty [1]
2,422,500
Agent Commission [2]
570,000
Sub Total
2,992,500
Deposit
Initial Deposit (5%) [3]
2,850,000
S & P Agreement (5%) [3]
2,850,000
Further Down Payment
11,400,000
Sub Total
17,100,000
Total Cash Outlay
20,092,500
Financing
39,900,000
Total Interest Payable
20,024,700
Total Repayment
59,924,700
Monthly Repayment
199,749
[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.