Monthly Repayment
$325,906
Minimum Household Income
$651,812
Mortgage Plan
Expenses
Stamp Duty [1]
3,952,501
Agent Commission [2]
930,000
Sub Total
4,882,501
Deposit
Initial Deposit (5%) [3]
4,650,000
S & P Agreement (5%) [3]
4,650,000
Further Down Payment
18,600,000
Sub Total
27,900,000
Total Cash Outlay
32,782,501
Financing
65,100,000
Total Interest Payable
32,671,800
Total Repayment
97,771,800
Monthly Repayment
325,906
[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.