Monthly Repayment
$129,662
Minimum Household Income
$259,324
Mortgage Plan
Expenses
Stamp Duty [1]
1,572,500
Agent Commission [2]
370,000
Sub Total
1,942,500
Deposit
Initial Deposit (5%) [3]
1,850,000
S & P Agreement (5%) [3]
1,850,000
Further Down Payment
7,400,000
Sub Total
11,100,000
Total Cash Outlay
13,042,500
Financing
25,900,000
Total Interest Payable
12,998,600
Total Repayment
38,898,600
Monthly Repayment
129,662
[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.