Monthly Repayment
$146,483
Minimum Household Income
$292,966
Mortgage Plan
Expenses
Stamp Duty [1]
1,776,501
Agent Commission [2]
418,000
Sub Total
2,194,501
Deposit
Initial Deposit (5%) [3]
2,090,000
S & P Agreement (5%) [3]
2,090,000
Further Down Payment
8,360,000
Sub Total
12,540,000
Total Cash Outlay
14,734,501
Financing
29,260,000
Total Interest Payable
14,684,900
Total Repayment
43,944,900
Monthly Repayment
146,483
[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.