Monthly Repayment
$128,961
Minimum Household Income
$257,922
Mortgage Plan
Expenses
Stamp Duty [1]
1,564,000
Agent Commission [2]
368,000
Sub Total
1,932,000
Deposit
Initial Deposit (5%) [3]
1,840,000
S & P Agreement (5%) [3]
1,840,000
Further Down Payment
7,360,000
Sub Total
11,040,000
Total Cash Outlay
12,972,000
Financing
25,760,000
Total Interest Payable
12,928,300
Total Repayment
38,688,300
Monthly Repayment
128,961
[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.