Monthly Repayment
$648,308
Minimum Household Income
$1,296,616
Mortgage Plan
Expenses
Stamp Duty [1]
7,862,501
Agent Commission [2]
1,850,000
Sub Total
9,712,501
Deposit
Initial Deposit (5%) [3]
9,250,000
S & P Agreement (5%) [3]
9,250,000
Further Down Payment
37,000,000
Sub Total
55,500,000
Total Cash Outlay
65,212,501
Financing
129,500,000
Total Interest Payable
64,992,400
Total Repayment
194,492,400
Monthly Repayment
648,308
[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.