Monthly Repayment
$343,428
Minimum Household Income
$686,856
Mortgage Plan
Expenses
Stamp Duty [1]
4,165,001
Agent Commission [2]
980,000
Sub Total
5,145,001
Deposit
Initial Deposit (5%) [3]
4,900,000
S & P Agreement (5%) [3]
4,900,000
Further Down Payment
19,600,000
Sub Total
29,400,000
Total Cash Outlay
34,545,001
Financing
68,600,000
Total Interest Payable
34,428,400
Total Repayment
103,028,400
Monthly Repayment
343,428
[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.