Monthly Repayment
$869,083
Minimum Household Income
$1,738,166
Mortgage Plan
Expenses
Stamp Duty [1]
10,540,000
Agent Commission [2]
2,480,000
Sub Total
13,020,000
Deposit
Initial Deposit (5%) [3]
12,400,000
S & P Agreement (5%) [3]
12,400,000
Further Down Payment
49,600,000
Sub Total
74,400,000
Total Cash Outlay
87,420,000
Financing
173,600,000
Total Interest Payable
87,124,900
Total Repayment
260,724,900
Monthly Repayment
869,083
[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.