Monthly Repayment
$518,647
Minimum Household Income
$1,037,294
Mortgage Plan
Expenses
Stamp Duty [1]
6,290,000
Agent Commission [2]
1,480,000
Sub Total
7,770,000
Deposit
Initial Deposit (5%) [3]
7,400,000
S & P Agreement (5%) [3]
7,400,000
Further Down Payment
29,600,000
Sub Total
44,400,000
Total Cash Outlay
52,170,000
Financing
103,600,000
Total Interest Payable
51,994,100
Total Repayment
155,594,100
Monthly Repayment
518,647
[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.