Monthly Repayment
$168,210
Minimum Household Income
$336,420
Mortgage Plan
Expenses
Stamp Duty [1]
2,040,001
Agent Commission [2]
480,000
Sub Total
2,520,001
Deposit
Initial Deposit (5%) [3]
2,400,000
S & P Agreement (5%) [3]
2,400,000
Further Down Payment
9,600,000
Sub Total
14,400,000
Total Cash Outlay
16,920,001
Financing
33,600,000
Total Interest Payable
16,863,000
Total Repayment
50,463,000
Monthly Repayment
168,210
[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.