Monthly Repayment
$227,784
Minimum Household Income
$455,568
Mortgage Plan
Expenses
Stamp Duty [1]
2,762,500
Agent Commission [2]
650,000
Sub Total
3,412,500
Deposit
Initial Deposit (5%) [3]
3,250,000
S & P Agreement (5%) [3]
3,250,000
Further Down Payment
13,000,000
Sub Total
19,500,000
Total Cash Outlay
22,912,500
Financing
45,500,000
Total Interest Payable
22,835,200
Total Repayment
68,335,200
Monthly Repayment
227,784
[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.