Monthly Repayment
$806,004
Minimum Household Income
$1,612,008
Mortgage Plan
Expenses
Stamp Duty [1]
9,775,000
Agent Commission [2]
2,300,000
Sub Total
12,075,000
Deposit
Initial Deposit (5%) [3]
11,500,000
S & P Agreement (5%) [3]
11,500,000
Further Down Payment
46,000,000
Sub Total
69,000,000
Total Cash Outlay
81,075,000
Financing
161,000,000
Total Interest Payable
80,801,200
Total Repayment
241,801,200
Monthly Repayment
806,004
[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.