Monthly Repayment
$220,775
Minimum Household Income
$441,550
Mortgage Plan
Expenses
Stamp Duty [1]
2,677,500
Agent Commission [2]
630,000
Sub Total
3,307,500
Deposit
Initial Deposit (5%) [3]
3,150,000
S & P Agreement (5%) [3]
3,150,000
Further Down Payment
12,600,000
Sub Total
18,900,000
Total Cash Outlay
22,207,500
Financing
44,100,000
Total Interest Payable
22,132,500
Total Repayment
66,232,500
Monthly Repayment
220,775
[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.