Monthly Repayment
$328,289
Minimum Household Income
$656,578
Mortgage Plan
Expenses
Stamp Duty [1]
3,981,401
Agent Commission [2]
936,800
Sub Total
4,918,201
Deposit
Initial Deposit (5%) [3]
4,684,000
S & P Agreement (5%) [3]
4,684,000
Further Down Payment
18,736,000
Sub Total
28,104,000
Total Cash Outlay
33,022,201
Financing
65,576,000
Total Interest Payable
32,910,700
Total Repayment
98,486,700
Monthly Repayment
328,289
[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.