Monthly Repayment
$630,786
Minimum Household Income
$1,261,572
Mortgage Plan
Expenses
Stamp Duty [1]
7,650,001
Agent Commission [2]
1,800,000
Sub Total
9,450,001
Deposit
Initial Deposit (5%) [3]
9,000,000
S & P Agreement (5%) [3]
9,000,000
Further Down Payment
36,000,000
Sub Total
54,000,000
Total Cash Outlay
63,450,001
Financing
126,000,000
Total Interest Payable
63,235,800
Total Repayment
189,235,800
Monthly Repayment
630,786
[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.