Monthly Repayment
$251,614
Minimum Household Income
$503,228
Mortgage Plan
Expenses
Stamp Duty [1]
3,051,500
Agent Commission [2]
718,000
Sub Total
3,769,500
Deposit
Initial Deposit (5%) [3]
3,590,000
S & P Agreement (5%) [3]
3,590,000
Further Down Payment
14,360,000
Sub Total
21,540,000
Total Cash Outlay
25,309,500
Financing
50,260,000
Total Interest Payable
25,224,200
Total Repayment
75,484,200
Monthly Repayment
251,614
[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.