Monthly Repayment
$350,437
Minimum Household Income
$700,874
Mortgage Plan
Expenses
Stamp Duty [1]
4,250,000
Agent Commission [2]
1,000,000
Sub Total
5,250,000
Deposit
Initial Deposit (5%) [3]
5,000,000
S & P Agreement (5%) [3]
5,000,000
Further Down Payment
20,000,000
Sub Total
30,000,000
Total Cash Outlay
35,250,000
Financing
70,000,000
Total Interest Payable
35,131,100
Total Repayment
105,131,100
Monthly Repayment
350,437
[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.