Monthly Repayment
$588,734
Minimum Household Income
$1,177,468
Mortgage Plan
Expenses
Stamp Duty [1]
7,140,001
Agent Commission [2]
1,680,000
Sub Total
8,820,001
Deposit
Initial Deposit (5%) [3]
8,400,000
S & P Agreement (5%) [3]
8,400,000
Further Down Payment
33,600,000
Sub Total
50,400,000
Total Cash Outlay
59,220,001
Financing
117,600,000
Total Interest Payable
59,020,200
Total Repayment
176,620,200
Monthly Repayment
588,734
[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.