Monthly Repayment
$665,830
Minimum Household Income
$1,331,660
Mortgage Plan
Expenses
Stamp Duty [1]
8,075,001
Agent Commission [2]
1,900,000
Sub Total
9,975,001
Deposit
Initial Deposit (5%) [3]
9,500,000
S & P Agreement (5%) [3]
9,500,000
Further Down Payment
38,000,000
Sub Total
57,000,000
Total Cash Outlay
66,975,001
Financing
133,000,000
Total Interest Payable
66,749,000
Total Repayment
199,749,000
Monthly Repayment
665,830
[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.