Monthly Repayment
$303,128
Minimum Household Income
$606,256
Mortgage Plan
Expenses
Stamp Duty [1]
3,676,251
Agent Commission [2]
865,000
Sub Total
4,541,251
Deposit
Initial Deposit (5%) [3]
4,325,000
S & P Agreement (5%) [3]
4,325,000
Further Down Payment
17,300,000
Sub Total
25,950,000
Total Cash Outlay
30,491,251
Financing
60,550,000
Total Interest Payable
30,388,400
Total Repayment
90,938,400
Monthly Repayment
303,128
[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.