Case 1

Property Price $1,000,000

Standard Stamp Duty $55,070
Land Transfer Fee $1,362
Registration of Mortgage Docs $108
Conveyancing $1,000
Mortgage Approval Fee $600
Total cost $1,058,140

Deposit $258,140
Amount Borrowed $800,000
LTV 80%
Interest Rate 4.0%
Term - Years 30

Total
Monthly Repayment Amount - Total $3,819
Monthly Cost of Interest $2,550
Monthly Cost of Interest - % of total 67%
Monthly Payment Against Principle $1,269
Weekly Repayment Amount $881

Mortgage Insurance (greater than 80% LTV) $0

Total Costs Excl Deposit 0
Total Upfront Cost #REF!

Current Savings
RAMS $117,777
Dan ING $35,000
Briony ING $100,000
minus - CC $4,721

Available funds $248,056

August $3,500
Sept $7,000
Oct $7,000
Oct funds $265,556
Savings coverage $36,000
Spending max $229,556
 Case 2 Case 3
$820,000 $757,000 Property Price
$44,270 $40,490
$1,362 $1,362
$108 $108
$600 $600
$600 $600

$210,940 $194,560 Other Costs

$656,000 $605,600 Total Cash Needed
80% 80% Deposit
5.5% 4.0% Loan
30 30

Total Total
$3,725 $2,891
$2,905 $1,930
78% 67%
$820 $961
$860 $667

$44,270 $40,490

$0 $0
0 $0
#REF! #REF!
 Case 3
$750,000

$40,070

$1,362
$108

$1,200
$751,200
$170,000
$580,000
77%
4.0%
25

Total
$3,061
$1,840
60%
$1,222
$707
$40,070

$600
$600
$0
$1,200
$211,270
Property Price 757,000
Stamp Duty 40,490 BW
Other Costs 2,600 NAB
Total Cost 800,090 ANZ
Deposit 195,000 ING
Loan 605,090 BMEL
LTV 79.93%
Interest Rate 3.79%
Term 30
Min Monthly Payment $2,816.02
Min Monthly Payment Against Interest $1,824.42
Min Monthly Payment Against Principle $991.60 605600

Costs

Deposit 151400
Stamp Duty & Misc $43,160
Upfront 194559.6

Timber Flooring 8400

Curtains 2000
Carpet 6300
Paint 5000
Split systems 7500

Extras 29200

Total Cost 223759.6

Rate Upfront Annual Interest Fees
3.85 150 395 23331 545
3.99 -1250 120 24179.4 -1130
3.95 0 395 23937 395
3.67 299 199 22240.2 498
3.98 100 0 24118.8 100
Total Y1 Total Y2 Total for 2 Years Total for 3 Years
23876 23726 47602 71328
23049.4 24299.4 47348.8 71648.2
24332 24332 48664 72996
22738.2 22439.2 45177.4 67616.6 4230.6
24218.8 24118.8 48337.6 72456.4