Monthly Repayment
$217,271
Minimum Household Income
$434,542
Mortgage Plan
Expenses
Stamp Duty [1]
2,635,000
Agent Commission [2]
620,000
Sub Total
3,255,000
Deposit
Initial Deposit (5%) [3]
3,100,000
S & P Agreement (5%) [3]
3,100,000
Further Down Payment
12,400,000
Sub Total
18,600,000
Total Cash Outlay
21,855,000
Financing
43,400,000
Total Interest Payable
21,781,300
Total Repayment
65,181,300
Monthly Repayment
217,271
[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.