Monthly Repayment
$180,475
Minimum Household Income
$360,950
Mortgage Plan
Expenses
Stamp Duty [1]
2,188,750
Agent Commission [2]
515,000
Sub Total
2,703,750
Deposit
Initial Deposit (5%) [3]
2,575,000
S & P Agreement (5%) [3]
2,575,000
Further Down Payment
10,300,000
Sub Total
15,450,000
Total Cash Outlay
18,153,750
Financing
36,050,000
Total Interest Payable
18,092,500
Total Repayment
54,142,500
Monthly Repayment
180,475
[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.