Monthly Repayment
$297,872
Minimum Household Income
$595,744
Mortgage Plan
Expenses
Stamp Duty [1]
3,612,501
Agent Commission [2]
850,000
Sub Total
4,462,501
Deposit
Initial Deposit (5%) [3]
4,250,000
S & P Agreement (5%) [3]
4,250,000
Further Down Payment
17,000,000
Sub Total
25,500,000
Total Cash Outlay
29,962,501
Financing
59,500,000
Total Interest Payable
29,861,600
Total Repayment
89,361,600
Monthly Repayment
297,872
[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.