Monthly Repayment
$1,149,432
Minimum Household Income
$2,298,864
Mortgage Plan
Expenses
Stamp Duty [1]
13,940,001
Agent Commission [2]
3,280,000
Sub Total
17,220,001
Deposit
Initial Deposit (5%) [3]
16,400,000
S & P Agreement (5%) [3]
16,400,000
Further Down Payment
65,600,000
Sub Total
98,400,000
Total Cash Outlay
115,620,001
Financing
229,600,000
Total Interest Payable
115,229,600
Total Repayment
344,829,600
Monthly Repayment
1,149,432
[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.