Monthly Repayment
$154,193
Minimum Household Income
$308,386
Mortgage Plan
Expenses
Stamp Duty [1]
1,870,001
Agent Commission [2]
440,000
Sub Total
2,310,001
Deposit
Initial Deposit (5%) [3]
2,200,000
S & P Agreement (5%) [3]
2,200,000
Further Down Payment
8,800,000
Sub Total
13,200,000
Total Cash Outlay
15,510,001
Financing
30,800,000
Total Interest Payable
15,457,900
Total Repayment
46,257,900
Monthly Repayment
154,193
[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.