Monthly Repayment
$571,212
Minimum Household Income
$1,142,424
Mortgage Plan
Expenses
Stamp Duty [1]
6,927,501
Agent Commission [2]
1,630,000
Sub Total
8,557,501
Deposit
Initial Deposit (5%) [3]
8,150,000
S & P Agreement (5%) [3]
8,150,000
Further Down Payment
32,600,000
Sub Total
48,900,000
Total Cash Outlay
57,457,501
Financing
114,100,000
Total Interest Payable
57,263,600
Total Repayment
171,363,600
Monthly Repayment
571,212
[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.