Monthly Repayment
$125,457
Minimum Household Income
$250,914
Mortgage Plan
Expenses
Stamp Duty [1]
1,521,500
Agent Commission [2]
358,000
Sub Total
1,879,500
Deposit
Initial Deposit (5%) [3]
1,790,000
S & P Agreement (5%) [3]
1,790,000
Further Down Payment
7,160,000
Sub Total
10,740,000
Total Cash Outlay
12,619,500
Financing
25,060,000
Total Interest Payable
12,577,100
Total Repayment
37,637,100
Monthly Repayment
125,457
[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.