Monthly Repayment
$1,497,731
Minimum Household Income
$2,995,462
Mortgage Plan
Expenses
Stamp Duty [1]
18,164,075
Agent Commission [2]
4,273,900
Sub Total
22,437,975
Deposit
Initial Deposit (5%) [3]
21,369,500
S & P Agreement (5%) [3]
21,369,500
Further Down Payment
85,478,000
Sub Total
128,217,000
Total Cash Outlay
150,654,975
Financing
299,173,000
Total Interest Payable
150,146,300
Total Repayment
449,319,300
Monthly Repayment
1,497,731
[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.