Monthly Repayment
$279,929
Minimum Household Income
$559,858
Mortgage Plan
Expenses
Stamp Duty [1]
3,394,901
Agent Commission [2]
798,800
Sub Total
4,193,701
Deposit
Initial Deposit (5%) [3]
3,994,000
S & P Agreement (5%) [3]
3,994,000
Further Down Payment
15,976,000
Sub Total
23,964,000
Total Cash Outlay
28,157,701
Financing
55,916,000
Total Interest Payable
28,062,700
Total Repayment
83,978,700
Monthly Repayment
279,929
[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.