Monthly Repayment
$525,655
Minimum Household Income
$1,051,310
Mortgage Plan
Expenses
Stamp Duty [1]
6,375,000
Agent Commission [2]
1,500,000
Sub Total
7,875,000
Deposit
Initial Deposit (5%) [3]
7,500,000
S & P Agreement (5%) [3]
7,500,000
Further Down Payment
30,000,000
Sub Total
45,000,000
Total Cash Outlay
52,875,000
Financing
105,000,000
Total Interest Payable
52,696,500
Total Repayment
157,696,500
Monthly Repayment
525,655
[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.