Monthly Repayment
$301,201
Minimum Household Income
$602,402
Mortgage Plan
Expenses
Stamp Duty [1]
3,652,876
Agent Commission [2]
859,500
Sub Total
4,512,376
Deposit
Initial Deposit (5%) [3]
4,297,500
S & P Agreement (5%) [3]
4,297,500
Further Down Payment
17,190,000
Sub Total
25,785,000
Total Cash Outlay
30,297,376
Financing
60,165,000
Total Interest Payable
30,195,300
Total Repayment
90,360,300
Monthly Repayment
301,201
[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.