Monthly Repayment
$213,767
Minimum Household Income
$427,534
Mortgage Plan
Expenses
Stamp Duty [1]
2,592,500
Agent Commission [2]
610,000
Sub Total
3,202,500
Deposit
Initial Deposit (5%) [3]
3,050,000
S & P Agreement (5%) [3]
3,050,000
Further Down Payment
12,200,000
Sub Total
18,300,000
Total Cash Outlay
21,502,500
Financing
42,700,000
Total Interest Payable
21,430,100
Total Repayment
64,130,100
Monthly Repayment
213,767
[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.