Monthly Repayment
$115,645
Minimum Household Income
$231,290
Mortgage Plan
Expenses
Stamp Duty [1]
1,402,500
Agent Commission [2]
330,000
Sub Total
1,732,500
Deposit
Initial Deposit (5%) [3]
1,650,000
S & P Agreement (5%) [3]
1,650,000
Further Down Payment
6,600,000
Sub Total
9,900,000
Total Cash Outlay
11,632,500
Financing
23,100,000
Total Interest Payable
11,593,500
Total Repayment
34,693,500
Monthly Repayment
115,645
[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.