Monthly Repayment
$129,241
Minimum Household Income
$258,482
Mortgage Plan
Expenses
Stamp Duty [1]
1,567,400
Agent Commission [2]
368,800
Sub Total
1,936,200
Deposit
Initial Deposit (5%) [3]
1,844,000
S & P Agreement (5%) [3]
1,844,000
Further Down Payment
7,376,000
Sub Total
11,064,000
Total Cash Outlay
13,000,200
Financing
25,816,000
Total Interest Payable
12,956,300
Total Repayment
38,772,300
Monthly Repayment
129,241
[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.