Monthly Repayment
$508,133
Minimum Household Income
$1,016,266
Mortgage Plan
Expenses
Stamp Duty [1]
6,162,500
Agent Commission [2]
1,450,000
Sub Total
7,612,500
Deposit
Initial Deposit (5%) [3]
7,250,000
S & P Agreement (5%) [3]
7,250,000
Further Down Payment
29,000,000
Sub Total
43,500,000
Total Cash Outlay
51,112,500
Financing
101,500,000
Total Interest Payable
50,939,900
Total Repayment
152,439,900
Monthly Repayment
508,133
[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.