Monthly Repayment
$332,915
Minimum Household Income
$665,830
Mortgage Plan
Expenses
Stamp Duty [1]
4,037,501
Agent Commission [2]
950,000
Sub Total
4,987,501
Deposit
Initial Deposit (5%) [3]
4,750,000
S & P Agreement (5%) [3]
4,750,000
Further Down Payment
19,000,000
Sub Total
28,500,000
Total Cash Outlay
33,487,501
Financing
66,500,000
Total Interest Payable
33,374,500
Total Repayment
99,874,500
Monthly Repayment
332,915
[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.