Monthly Repayment
$304,880
Minimum Household Income
$609,760
Mortgage Plan
Expenses
Stamp Duty [1]
3,697,501
Agent Commission [2]
870,000
Sub Total
4,567,501
Deposit
Initial Deposit (5%) [3]
4,350,000
S & P Agreement (5%) [3]
4,350,000
Further Down Payment
17,400,000
Sub Total
26,100,000
Total Cash Outlay
30,667,501
Financing
60,900,000
Total Interest Payable
30,564,000
Total Repayment
91,464,000
Monthly Repayment
304,880
[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.