Monthly Repayment
$834,039
Minimum Household Income
$1,668,078
Mortgage Plan
Expenses
Stamp Duty [1]
10,115,000
Agent Commission [2]
2,380,000
Sub Total
12,495,000
Deposit
Initial Deposit (5%) [3]
11,900,000
S & P Agreement (5%) [3]
11,900,000
Further Down Payment
47,600,000
Sub Total
71,400,000
Total Cash Outlay
83,895,000
Financing
166,600,000
Total Interest Payable
83,611,700
Total Repayment
250,211,700
Monthly Repayment
834,039
[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.