Monthly Repayment
$339,924
Minimum Household Income
$679,848
Mortgage Plan
Expenses
Stamp Duty [1]
4,122,501
Agent Commission [2]
970,000
Sub Total
5,092,501
Deposit
Initial Deposit (5%) [3]
4,850,000
S & P Agreement (5%) [3]
4,850,000
Further Down Payment
19,400,000
Sub Total
29,100,000
Total Cash Outlay
34,192,501
Financing
67,900,000
Total Interest Payable
34,077,200
Total Repayment
101,977,200
Monthly Repayment
339,924
[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.