Monthly Repayment
$378,472
Minimum Household Income
$756,944
Mortgage Plan
Expenses
Stamp Duty [1]
4,590,000
Agent Commission [2]
1,080,000
Sub Total
5,670,000
Deposit
Initial Deposit (5%) [3]
5,400,000
S & P Agreement (5%) [3]
5,400,000
Further Down Payment
21,600,000
Sub Total
32,400,000
Total Cash Outlay
38,070,000
Financing
75,600,000
Total Interest Payable
37,941,600
Total Repayment
113,541,600
Monthly Repayment
378,472
[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.