Monthly Repayment
$113,016
Minimum Household Income
$226,032
Mortgage Plan
Expenses
Stamp Duty [1]
1,370,625
Agent Commission [2]
322,500
Sub Total
1,693,125
Deposit
Initial Deposit (5%) [3]
1,612,500
S & P Agreement (5%) [3]
1,612,500
Further Down Payment
6,450,000
Sub Total
9,675,000
Total Cash Outlay
11,368,125
Financing
22,575,000
Total Interest Payable
11,329,800
Total Repayment
33,904,800
Monthly Repayment
113,016
[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.