Monthly Repayment
$893,614
Minimum Household Income
$1,787,228
Mortgage Plan
Expenses
Stamp Duty [1]
10,837,500
Agent Commission [2]
2,550,000
Sub Total
13,387,500
Deposit
Initial Deposit (5%) [3]
12,750,000
S & P Agreement (5%) [3]
12,750,000
Further Down Payment
51,000,000
Sub Total
76,500,000
Total Cash Outlay
89,887,500
Financing
178,500,000
Total Interest Payable
89,584,200
Total Repayment
268,084,200
Monthly Repayment
893,614
[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.