Monthly Repayment
$692,761
Minimum Household Income
$1,385,522
Mortgage Plan
Expenses
Stamp Duty [1]
8,401,613
Agent Commission [2]
1,976,850
Sub Total
10,378,463
Deposit
Initial Deposit (5%) [3]
9,884,250
S & P Agreement (5%) [3]
9,884,250
Further Down Payment
39,537,000
Sub Total
59,305,500
Total Cash Outlay
69,683,963
Financing
138,379,500
Total Interest Payable
69,448,800
Total Repayment
207,828,300
Monthly Repayment
692,761
[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.