Monthly Repayment
$3,153,929
Minimum Household Income
$6,307,858
Mortgage Plan
Expenses
Stamp Duty [1]
38,250,000
Agent Commission [2]
9,000,000
Sub Total
47,250,000
Deposit
Initial Deposit (5%) [3]
45,000,000
S & P Agreement (5%) [3]
45,000,000
Further Down Payment
180,000,000
Sub Total
270,000,000
Total Cash Outlay
317,250,000
Financing
630,000,000
Total Interest Payable
316,178,700
Total Repayment
946,178,700
Monthly Repayment
3,153,929
[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.