Monthly Repayment
$595,743
Minimum Household Income
$1,191,486
Mortgage Plan
Expenses
Stamp Duty [1]
7,225,001
Agent Commission [2]
1,700,000
Sub Total
8,925,001
Deposit
Initial Deposit (5%) [3]
8,500,000
S & P Agreement (5%) [3]
8,500,000
Further Down Payment
34,000,000
Sub Total
51,000,000
Total Cash Outlay
59,925,001
Financing
119,000,000
Total Interest Payable
59,722,900
Total Repayment
178,722,900
Monthly Repayment
595,743
[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.