Monthly Repayment
$127,910
Minimum Household Income
$255,820
Mortgage Plan
Expenses
Stamp Duty [1]
1,551,250
Agent Commission [2]
365,000
Sub Total
1,916,250
Deposit
Initial Deposit (5%) [3]
1,825,000
S & P Agreement (5%) [3]
1,825,000
Further Down Payment
7,300,000
Sub Total
10,950,000
Total Cash Outlay
12,866,250
Financing
25,550,000
Total Interest Payable
12,823,000
Total Repayment
38,373,000
Monthly Repayment
127,910
[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.