Monthly Repayment
$1,471,834
Minimum Household Income
$2,943,668
Mortgage Plan
Expenses
Stamp Duty [1]
17,850,000
Agent Commission [2]
4,200,000
Sub Total
22,050,000
Deposit
Initial Deposit (5%) [3]
21,000,000
S & P Agreement (5%) [3]
21,000,000
Further Down Payment
84,000,000
Sub Total
126,000,000
Total Cash Outlay
148,050,000
Financing
294,000,000
Total Interest Payable
147,550,200
Total Repayment
441,550,200
Monthly Repayment
1,471,834
[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.