Monthly Repayment
$336,420
Minimum Household Income
$672,840
Mortgage Plan
Expenses
Stamp Duty [1]
4,080,001
Agent Commission [2]
960,000
Sub Total
5,040,001
Deposit
Initial Deposit (5%) [3]
4,800,000
S & P Agreement (5%) [3]
4,800,000
Further Down Payment
19,200,000
Sub Total
28,800,000
Total Cash Outlay
33,840,001
Financing
67,200,000
Total Interest Payable
33,726,000
Total Repayment
100,926,000
Monthly Repayment
336,420
[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.