Monthly Repayment
$553,690
Minimum Household Income
$1,107,380
Mortgage Plan
Expenses
Stamp Duty [1]
6,715,001
Agent Commission [2]
1,580,000
Sub Total
8,295,001
Deposit
Initial Deposit (5%) [3]
7,900,000
S & P Agreement (5%) [3]
7,900,000
Further Down Payment
31,600,000
Sub Total
47,400,000
Total Cash Outlay
55,695,001
Financing
110,600,000
Total Interest Payable
55,507,000
Total Repayment
166,107,000
Monthly Repayment
553,690
[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.