Monthly Repayment
$290,863
Minimum Household Income
$581,726
Mortgage Plan
Expenses
Stamp Duty [1]
3,527,501
Agent Commission [2]
830,000
Sub Total
4,357,501
Deposit
Initial Deposit (5%) [3]
4,150,000
S & P Agreement (5%) [3]
4,150,000
Further Down Payment
16,600,000
Sub Total
24,900,000
Total Cash Outlay
29,257,501
Financing
58,100,000
Total Interest Payable
29,158,900
Total Repayment
87,258,900
Monthly Repayment
290,863
[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.