Monthly Repayment
$578,221
Minimum Household Income
$1,156,442
Mortgage Plan
Expenses
Stamp Duty [1]
7,012,501
Agent Commission [2]
1,650,000
Sub Total
8,662,501
Deposit
Initial Deposit (5%) [3]
8,250,000
S & P Agreement (5%) [3]
8,250,000
Further Down Payment
33,000,000
Sub Total
49,500,000
Total Cash Outlay
58,162,501
Financing
115,500,000
Total Interest Payable
57,966,300
Total Repayment
173,466,300
Monthly Repayment
578,221
[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.