Monthly Repayment
$438,046
Minimum Household Income
$876,092
Mortgage Plan
Expenses
Stamp Duty [1]
5,312,500
Agent Commission [2]
1,250,000
Sub Total
6,562,500
Deposit
Initial Deposit (5%) [3]
6,250,000
S & P Agreement (5%) [3]
6,250,000
Further Down Payment
25,000,000
Sub Total
37,500,000
Total Cash Outlay
44,062,500
Financing
87,500,000
Total Interest Payable
43,913,800
Total Repayment
131,413,800
Monthly Repayment
438,046
[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.