Monthly Repayment
$1,576,965
Minimum Household Income
$3,153,930
Mortgage Plan
Expenses
Stamp Duty [1]
19,125,000
Agent Commission [2]
4,500,000
Sub Total
23,625,000
Deposit
Initial Deposit (5%) [3]
22,500,000
S & P Agreement (5%) [3]
22,500,000
Further Down Payment
90,000,000
Sub Total
135,000,000
Total Cash Outlay
158,625,000
Financing
315,000,000
Total Interest Payable
158,089,500
Total Repayment
473,089,500
Monthly Repayment
1,576,965
[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.