Monthly Repayment
$259,324
Minimum Household Income
$518,648
Mortgage Plan
Expenses
Stamp Duty [1]
3,145,000
Agent Commission [2]
740,000
Sub Total
3,885,000
Deposit
Initial Deposit (5%) [3]
3,700,000
S & P Agreement (5%) [3]
3,700,000
Further Down Payment
14,800,000
Sub Total
22,200,000
Total Cash Outlay
26,085,000
Financing
51,800,000
Total Interest Payable
25,997,200
Total Repayment
77,797,200
Monthly Repayment
259,324
[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.