Monthly Repayment
$487,107
Minimum Household Income
$974,214
Mortgage Plan
Expenses
Stamp Duty [1]
5,907,500
Agent Commission [2]
1,390,000
Sub Total
7,297,500
Deposit
Initial Deposit (5%) [3]
6,950,000
S & P Agreement (5%) [3]
6,950,000
Further Down Payment
27,800,000
Sub Total
41,700,000
Total Cash Outlay
48,997,500
Financing
97,300,000
Total Interest Payable
48,832,100
Total Repayment
146,132,100
Monthly Repayment
487,107
[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.