Monthly Repayment
$139,755
Minimum Household Income
$279,510
Mortgage Plan
Expenses
Stamp Duty [1]
1,694,901
Agent Commission [2]
398,800
Sub Total
2,093,701
Deposit
Initial Deposit (5%) [3]
1,994,000
S & P Agreement (5%) [3]
1,994,000
Further Down Payment
7,976,000
Sub Total
11,964,000
Total Cash Outlay
14,057,701
Financing
27,916,000
Total Interest Payable
14,010,500
Total Repayment
41,926,500
Monthly Repayment
139,755
[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.