Monthly Repayment
$693,865
Minimum Household Income
$1,387,730
Mortgage Plan
Expenses
Stamp Duty [1]
8,415,000
Agent Commission [2]
1,980,000
Sub Total
10,395,000
Deposit
Initial Deposit (5%) [3]
9,900,000
S & P Agreement (5%) [3]
9,900,000
Further Down Payment
39,600,000
Sub Total
59,400,000
Total Cash Outlay
69,795,000
Financing
138,600,000
Total Interest Payable
69,559,500
Total Repayment
208,159,500
Monthly Repayment
693,865
[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.