Monthly Repayment
$613,264
Minimum Household Income
$1,226,528
Mortgage Plan
Expenses
Stamp Duty [1]
7,437,501
Agent Commission [2]
1,750,000
Sub Total
9,187,501
Deposit
Initial Deposit (5%) [3]
8,750,000
S & P Agreement (5%) [3]
8,750,000
Further Down Payment
35,000,000
Sub Total
52,500,000
Total Cash Outlay
61,687,501
Financing
122,500,000
Total Interest Payable
61,479,200
Total Repayment
183,979,200
Monthly Repayment
613,264
[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.