Monthly Repayment
$946,179
Minimum Household Income
$1,892,358
Mortgage Plan
Expenses
Stamp Duty [1]
11,475,000
Agent Commission [2]
2,700,000
Sub Total
14,175,000
Deposit
Initial Deposit (5%) [3]
13,500,000
S & P Agreement (5%) [3]
13,500,000
Further Down Payment
54,000,000
Sub Total
81,000,000
Total Cash Outlay
95,175,000
Financing
189,000,000
Total Interest Payable
94,853,700
Total Repayment
283,853,700
Monthly Repayment
946,179
[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.