Monthly Repayment
$1,156,441
Minimum Household Income
$2,312,882
Mortgage Plan
Expenses
Stamp Duty [1]
14,025,001
Agent Commission [2]
3,300,000
Sub Total
17,325,001
Deposit
Initial Deposit (5%) [3]
16,500,000
S & P Agreement (5%) [3]
16,500,000
Further Down Payment
66,000,000
Sub Total
99,000,000
Total Cash Outlay
116,325,001
Financing
231,000,000
Total Interest Payable
115,932,300
Total Repayment
346,932,300
Monthly Repayment
1,156,441
[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.