Monthly Repayment
$111,720
Minimum Household Income
$223,440
Mortgage Plan
Expenses
Stamp Duty [1]
1,354,900
Agent Commission [2]
318,800
Sub Total
1,673,700
Deposit
Initial Deposit (5%) [3]
1,594,000
S & P Agreement (5%) [3]
1,594,000
Further Down Payment
6,376,000
Sub Total
9,564,000
Total Cash Outlay
11,237,700
Financing
22,316,000
Total Interest Payable
11,200,000
Total Repayment
33,516,000
Monthly Repayment
111,720
[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.