Monthly Repayment
$150,688
Minimum Household Income
$301,376
Mortgage Plan
Expenses
Stamp Duty [1]
1,827,501
Agent Commission [2]
430,000
Sub Total
2,257,501
Deposit
Initial Deposit (5%) [3]
2,150,000
S & P Agreement (5%) [3]
2,150,000
Further Down Payment
8,600,000
Sub Total
12,900,000
Total Cash Outlay
15,157,501
Financing
30,100,000
Total Interest Payable
15,106,400
Total Repayment
45,206,400
Monthly Repayment
150,688
[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.