Monthly Repayment
$296,119
Minimum Household Income
$592,238
Mortgage Plan
Expenses
Stamp Duty [1]
3,591,251
Agent Commission [2]
845,000
Sub Total
4,436,251
Deposit
Initial Deposit (5%) [3]
4,225,000
S & P Agreement (5%) [3]
4,225,000
Further Down Payment
16,900,000
Sub Total
25,350,000
Total Cash Outlay
29,786,251
Financing
59,150,000
Total Interest Payable
29,685,700
Total Repayment
88,835,700
Monthly Repayment
296,119
[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.