Monthly Repayment
$315,393
Minimum Household Income
$630,786
Mortgage Plan
Expenses
Stamp Duty [1]
3,825,001
Agent Commission [2]
900,000
Sub Total
4,725,001
Deposit
Initial Deposit (5%) [3]
4,500,000
S & P Agreement (5%) [3]
4,500,000
Further Down Payment
18,000,000
Sub Total
27,000,000
Total Cash Outlay
31,725,001
Financing
63,000,000
Total Interest Payable
31,617,900
Total Repayment
94,617,900
Monthly Repayment
315,393
[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.