Monthly Repayment
$206,758
Minimum Household Income
$413,516
Mortgage Plan
Expenses
Stamp Duty [1]
2,507,500
Agent Commission [2]
590,000
Sub Total
3,097,500
Deposit
Initial Deposit (5%) [3]
2,950,000
S & P Agreement (5%) [3]
2,950,000
Further Down Payment
11,800,000
Sub Total
17,700,000
Total Cash Outlay
20,797,500
Financing
41,300,000
Total Interest Payable
20,727,400
Total Repayment
62,027,400
Monthly Repayment
206,758
[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.