Monthly Repayment
$178,723
Minimum Household Income
$357,446
Mortgage Plan
Expenses
Stamp Duty [1]
2,167,500
Agent Commission [2]
510,000
Sub Total
2,677,500
Deposit
Initial Deposit (5%) [3]
2,550,000
S & P Agreement (5%) [3]
2,550,000
Further Down Payment
10,200,000
Sub Total
15,300,000
Total Cash Outlay
17,977,500
Financing
35,700,000
Total Interest Payable
17,916,900
Total Repayment
53,616,900
Monthly Repayment
178,723
[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.