Monthly Repayment
$392,489
Minimum Household Income
$784,978
Mortgage Plan
Expenses
Stamp Duty [1]
4,760,000
Agent Commission [2]
1,120,000
Sub Total
5,880,000
Deposit
Initial Deposit (5%) [3]
5,600,000
S & P Agreement (5%) [3]
5,600,000
Further Down Payment
22,400,000
Sub Total
33,600,000
Total Cash Outlay
39,480,000
Financing
78,400,000
Total Interest Payable
39,346,700
Total Repayment
117,746,700
Monthly Repayment
392,489
[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.