Monthly Repayment
$311,889
Minimum Household Income
$623,778
Mortgage Plan
Expenses
Stamp Duty [1]
3,782,501
Agent Commission [2]
890,000
Sub Total
4,672,501
Deposit
Initial Deposit (5%) [3]
4,450,000
S & P Agreement (5%) [3]
4,450,000
Further Down Payment
17,800,000
Sub Total
26,700,000
Total Cash Outlay
31,372,501
Financing
62,300,000
Total Interest Payable
31,266,700
Total Repayment
93,566,700
Monthly Repayment
311,889
[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.