Monthly Repayment
$1,223,024
Minimum Household Income
$2,446,048
Mortgage Plan
Expenses
Stamp Duty [1]
14,832,501
Agent Commission [2]
3,490,000
Sub Total
18,322,501
Deposit
Initial Deposit (5%) [3]
17,450,000
S & P Agreement (5%) [3]
17,450,000
Further Down Payment
69,800,000
Sub Total
104,700,000
Total Cash Outlay
123,022,501
Financing
244,300,000
Total Interest Payable
122,607,200
Total Repayment
366,907,200
Monthly Repayment
1,223,024
[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.