Monthly Repayment
$346,933
Minimum Household Income
$693,866
Mortgage Plan
Expenses
Stamp Duty [1]
4,207,500
Agent Commission [2]
990,000
Sub Total
5,197,500
Deposit
Initial Deposit (5%) [3]
4,950,000
S & P Agreement (5%) [3]
4,950,000
Further Down Payment
19,800,000
Sub Total
29,700,000
Total Cash Outlay
34,897,500
Financing
69,300,000
Total Interest Payable
34,779,900
Total Repayment
104,079,900
Monthly Repayment
346,933
[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.