Monthly Repayment
$182,227
Minimum Household Income
$364,454
Mortgage Plan
Expenses
Stamp Duty [1]
2,210,000
Agent Commission [2]
520,000
Sub Total
2,730,000
Deposit
Initial Deposit (5%) [3]
2,600,000
S & P Agreement (5%) [3]
2,600,000
Further Down Payment
10,400,000
Sub Total
15,600,000
Total Cash Outlay
18,330,000
Financing
36,400,000
Total Interest Payable
18,268,100
Total Repayment
54,668,100
Monthly Repayment
182,227
[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.