Monthly Repayment
$1,086,354
Minimum Household Income
$2,172,708
Mortgage Plan
Expenses
Stamp Duty [1]
13,175,001
Agent Commission [2]
3,100,000
Sub Total
16,275,001
Deposit
Initial Deposit (5%) [3]
15,500,000
S & P Agreement (5%) [3]
15,500,000
Further Down Payment
62,000,000
Sub Total
93,000,000
Total Cash Outlay
109,275,001
Financing
217,000,000
Total Interest Payable
108,906,200
Total Repayment
325,906,200
Monthly Repayment
1,086,354
[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.