Monthly Repayment
$911,135
Minimum Household Income
$1,822,270
Mortgage Plan
Expenses
Stamp Duty [1]
11,050,000
Agent Commission [2]
2,600,000
Sub Total
13,650,000
Deposit
Initial Deposit (5%) [3]
13,000,000
S & P Agreement (5%) [3]
13,000,000
Further Down Payment
52,000,000
Sub Total
78,000,000
Total Cash Outlay
91,650,000
Financing
182,000,000
Total Interest Payable
91,340,500
Total Repayment
273,340,500
Monthly Repayment
911,135
[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.