Monthly Repayment
$2,449,552
Minimum Household Income
$4,899,104
Mortgage Plan
Expenses
Stamp Duty [1]
29,707,501
Agent Commission [2]
6,990,000
Sub Total
36,697,501
Deposit
Initial Deposit (5%) [3]
34,950,000
S & P Agreement (5%) [3]
34,950,000
Further Down Payment
139,800,000
Sub Total
209,700,000
Total Cash Outlay
246,397,501
Financing
489,300,000
Total Interest Payable
245,565,600
Total Repayment
734,865,600
Monthly Repayment
2,449,552
[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.