Monthly Repayment
$623,777
Minimum Household Income
$1,247,554
Mortgage Plan
Expenses
Stamp Duty [1]
7,565,001
Agent Commission [2]
1,780,000
Sub Total
9,345,001
Deposit
Initial Deposit (5%) [3]
8,900,000
S & P Agreement (5%) [3]
8,900,000
Further Down Payment
35,600,000
Sub Total
53,400,000
Total Cash Outlay
62,745,001
Financing
124,600,000
Total Interest Payable
62,533,100
Total Repayment
187,133,100
Monthly Repayment
623,777
[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.