Monthly Repayment
$223,579
Minimum Household Income
$447,158
Mortgage Plan
Expenses
Stamp Duty [1]
2,711,500
Agent Commission [2]
638,000
Sub Total
3,349,500
Deposit
Initial Deposit (5%) [3]
3,190,000
S & P Agreement (5%) [3]
3,190,000
Further Down Payment
12,760,000
Sub Total
19,140,000
Total Cash Outlay
22,489,500
Financing
44,660,000
Total Interest Payable
22,413,700
Total Repayment
67,073,700
Monthly Repayment
223,579
[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.