Monthly Repayment
$308,385
Minimum Household Income
$616,770
Mortgage Plan
Expenses
Stamp Duty [1]
3,740,001
Agent Commission [2]
880,000
Sub Total
4,620,001
Deposit
Initial Deposit (5%) [3]
4,400,000
S & P Agreement (5%) [3]
4,400,000
Further Down Payment
17,600,000
Sub Total
26,400,000
Total Cash Outlay
31,020,001
Financing
61,600,000
Total Interest Payable
30,915,500
Total Repayment
92,515,500
Monthly Repayment
308,385
[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.