Monthly Repayment
$248,810
Minimum Household Income
$497,620
Mortgage Plan
Expenses
Stamp Duty [1]
3,017,500
Agent Commission [2]
710,000
Sub Total
3,727,500
Deposit
Initial Deposit (5%) [3]
3,550,000
S & P Agreement (5%) [3]
3,550,000
Further Down Payment
14,200,000
Sub Total
21,300,000
Total Cash Outlay
25,027,500
Financing
49,700,000
Total Interest Payable
24,943,000
Total Repayment
74,643,000
Monthly Repayment
248,810
[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.