Monthly Repayment
$1,061,823
Minimum Household Income
$2,123,646
Mortgage Plan
Expenses
Stamp Duty [1]
12,877,500
Agent Commission [2]
3,030,000
Sub Total
15,907,500
Deposit
Initial Deposit (5%) [3]
15,150,000
S & P Agreement (5%) [3]
15,150,000
Further Down Payment
60,600,000
Sub Total
90,900,000
Total Cash Outlay
106,807,500
Financing
212,100,000
Total Interest Payable
106,446,900
Total Repayment
318,546,900
Monthly Repayment
1,061,823
[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.