Monthly Repayment
$1,209,006
Minimum Household Income
$2,418,012
Mortgage Plan
Expenses
Stamp Duty [1]
14,662,501
Agent Commission [2]
3,450,000
Sub Total
18,112,501
Deposit
Initial Deposit (5%) [3]
17,250,000
S & P Agreement (5%) [3]
17,250,000
Further Down Payment
69,000,000
Sub Total
103,500,000
Total Cash Outlay
121,612,501
Financing
241,500,000
Total Interest Payable
121,201,800
Total Repayment
362,701,800
Monthly Repayment
1,209,006
[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.