Monthly Repayment
$385,481
Minimum Household Income
$770,962
Mortgage Plan
Expenses
Stamp Duty [1]
4,675,000
Agent Commission [2]
1,100,000
Sub Total
5,775,000
Deposit
Initial Deposit (5%) [3]
5,500,000
S & P Agreement (5%) [3]
5,500,000
Further Down Payment
22,000,000
Sub Total
33,000,000
Total Cash Outlay
38,775,000
Financing
77,000,000
Total Interest Payable
38,644,300
Total Repayment
115,644,300
Monthly Repayment
385,481
[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.