Monthly Repayment
$262,828
Minimum Household Income
$525,656
Mortgage Plan
Expenses
Stamp Duty [1]
3,187,500
Agent Commission [2]
750,000
Sub Total
3,937,500
Deposit
Initial Deposit (5%) [3]
3,750,000
S & P Agreement (5%) [3]
3,750,000
Further Down Payment
15,000,000
Sub Total
22,500,000
Total Cash Outlay
26,437,500
Financing
52,500,000
Total Interest Payable
26,348,400
Total Repayment
78,848,400
Monthly Repayment
262,828
[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.