Monthly Repayment
$241,802
Minimum Household Income
$483,604
Mortgage Plan
Expenses
Stamp Duty [1]
2,932,500
Agent Commission [2]
690,000
Sub Total
3,622,500
Deposit
Initial Deposit (5%) [3]
3,450,000
S & P Agreement (5%) [3]
3,450,000
Further Down Payment
13,800,000
Sub Total
20,700,000
Total Cash Outlay
24,322,500
Financing
48,300,000
Total Interest Payable
24,240,600
Total Repayment
72,540,600
Monthly Repayment
241,802
[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.