Monthly Repayment
$149,209
Minimum Household Income
$298,418
Mortgage Plan
Expenses
Stamp Duty [1]
1,809,566
Agent Commission [2]
425,780
Sub Total
2,235,346
Deposit
Initial Deposit (5%) [3]
2,128,900
S & P Agreement (5%) [3]
2,128,900
Further Down Payment
8,515,600
Sub Total
12,773,400
Total Cash Outlay
15,008,746
Financing
29,804,600
Total Interest Payable
14,958,100
Total Repayment
44,762,700
Monthly Repayment
149,209
[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.