Monthly Repayment
$560,699
Minimum Household Income
$1,121,398
Mortgage Plan
Expenses
Stamp Duty [1]
6,800,001
Agent Commission [2]
1,600,000
Sub Total
8,400,001
Deposit
Initial Deposit (5%) [3]
8,000,000
S & P Agreement (5%) [3]
8,000,000
Further Down Payment
32,000,000
Sub Total
48,000,000
Total Cash Outlay
56,400,001
Financing
112,000,000
Total Interest Payable
56,209,700
Total Repayment
168,209,700
Monthly Repayment
560,699
[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.