Monthly Repayment
$1,682,096
Minimum Household Income
$3,364,192
Mortgage Plan
Expenses
Stamp Duty [1]
20,400,000
Agent Commission [2]
4,800,000
Sub Total
25,200,000
Deposit
Initial Deposit (5%) [3]
24,000,000
S & P Agreement (5%) [3]
24,000,000
Further Down Payment
96,000,000
Sub Total
144,000,000
Total Cash Outlay
169,200,000
Financing
336,000,000
Total Interest Payable
168,628,800
Total Repayment
504,628,800
Monthly Repayment
1,682,096
[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.