Monthly Repayment
$141,226
Minimum Household Income
$282,452
Mortgage Plan
Expenses
Stamp Duty [1]
1,712,751
Agent Commission [2]
403,000
Sub Total
2,115,751
Deposit
Initial Deposit (5%) [3]
2,015,000
S & P Agreement (5%) [3]
2,015,000
Further Down Payment
8,060,000
Sub Total
12,090,000
Total Cash Outlay
14,205,751
Financing
28,210,000
Total Interest Payable
14,157,800
Total Repayment
42,367,800
Monthly Repayment
141,226
[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.