Can I Afford This Property
| Down Payment 10% |
: |
$27,500.00 |
| Stamp Duty |
: |
$8,114.97 |
| Legal fees |
: |
$800 |
| Loan application fees |
: |
$600 |
| Total initial payment |
: |
$37,014.96 |
| Interest Rate |
: |
7 % |
| Term |
: |
30 years |
| Monthly repayment on amount of $247,500.00 |
: |
$1,646.62 |
Note: All financial calculations listed above are approximates and are to be used as a guide only. You must seek professional advice before making any decision to buy a property.
