Monthly Repayment
$254,067
Minimum Household Income
$508,134
Mortgage Plan
Expenses
Stamp Duty [1]
3,081,250
Agent Commission [2]
725,000
Sub Total
3,806,250
Deposit
Initial Deposit (5%) [3]
3,625,000
S & P Agreement (5%) [3]
3,625,000
Further Down Payment
14,500,000
Sub Total
21,750,000
Total Cash Outlay
25,556,250
Financing
50,750,000
Total Interest Payable
25,470,100
Total Repayment
76,220,100
Monthly Repayment
254,067
[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.