Monthly Repayment
$258,623
Minimum Household Income
$517,246
Mortgage Plan
Expenses
Stamp Duty [1]
3,136,500
Agent Commission [2]
738,000
Sub Total
3,874,500
Deposit
Initial Deposit (5%) [3]
3,690,000
S & P Agreement (5%) [3]
3,690,000
Further Down Payment
14,760,000
Sub Total
22,140,000
Total Cash Outlay
26,014,500
Financing
51,660,000
Total Interest Payable
25,926,900
Total Repayment
77,586,900
Monthly Repayment
258,623
[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.