Monthly Repayment
$164,005
Minimum Household Income
$328,010
Mortgage Plan
Expenses
Stamp Duty [1]
1,989,001
Agent Commission [2]
468,000
Sub Total
2,457,001
Deposit
Initial Deposit (5%) [3]
2,340,000
S & P Agreement (5%) [3]
2,340,000
Further Down Payment
9,360,000
Sub Total
14,040,000
Total Cash Outlay
16,497,001
Financing
32,760,000
Total Interest Payable
16,441,500
Total Repayment
49,201,500
Monthly Repayment
164,005
[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.