Monthly Repayment
$112,140
Minimum Household Income
$224,280
Mortgage Plan
Expenses
Stamp Duty [1]
1,360,000
Agent Commission [2]
320,000
Sub Total
1,680,000
Deposit
Initial Deposit (5%) [3]
1,600,000
S & P Agreement (5%) [3]
1,600,000
Further Down Payment
6,400,000
Sub Total
9,600,000
Total Cash Outlay
11,280,000
Financing
22,400,000
Total Interest Payable
11,242,000
Total Repayment
33,642,000
Monthly Repayment
112,140
[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.