Monthly Repayment
$311,188
Minimum Household Income
$622,376
Mortgage Plan
Expenses
Stamp Duty [1]
3,774,001
Agent Commission [2]
888,000
Sub Total
4,662,001
Deposit
Initial Deposit (5%) [3]
4,440,000
S & P Agreement (5%) [3]
4,440,000
Further Down Payment
17,760,000
Sub Total
26,640,000
Total Cash Outlay
31,302,001
Financing
62,160,000
Total Interest Payable
31,196,400
Total Repayment
93,356,400
Monthly Repayment
311,188
[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.