20% of the price
The Provincial Department of Revenue assesses this. Leave blank to use the price.
Monthly instalment
LKR 264,261
LKR 24,000,000 borrowed at 80% loan-to-value
Cash needed on the day: LKR 7,449,000
That is the down payment plus LKR 1,199,000 of stamp duty and the fees entered. Stamp duty is the line most buyers forget, and it is payable in cash.
Total interest
LKR 39,422,561
over 20 years
Total cost of ownership
LKR 70,871,561
upfront cash plus every instalment
Where the money goes
- Down payment
- LKR 6,000,000
- Stamp duty on the deed
- LKR 1,199,000
- Legal, valuation & bank fees
- LKR 250,000
- Principal repaid
- LKR 24,000,000
- Interest paid
- LKR 39,422,561
- Total
- LKR 70,871,561