Monthly Repayment
$1,226,528
Minimum Household Income
$2,453,056
Mortgage Plan
Expenses
Stamp Duty [1]
14,875,001
Agent Commission [2]
3,500,000
Sub Total
18,375,001
Deposit
Initial Deposit (5%) [3]
17,500,000
S & P Agreement (5%) [3]
17,500,000
Further Down Payment
70,000,000
Sub Total
105,000,000
Total Cash Outlay
123,375,001
Financing
245,000,000
Total Interest Payable
122,958,400
Total Repayment
367,958,400
Monthly Repayment
1,226,528
[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.