Monthly Repayment
$1,612,008
Minimum Household Income
$3,224,016
Mortgage Plan
Expenses
Stamp Duty [1]
19,550,000
Agent Commission [2]
4,600,000
Sub Total
24,150,000
Deposit
Initial Deposit (5%) [3]
23,000,000
S & P Agreement (5%) [3]
23,000,000
Further Down Payment
92,000,000
Sub Total
138,000,000
Total Cash Outlay
162,150,000
Financing
322,000,000
Total Interest Payable
161,602,400
Total Repayment
483,602,400
Monthly Repayment
1,612,008
[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.