Monthly Repayment
$1,506,877
Minimum Household Income
$3,013,754
Mortgage Plan
Expenses
Stamp Duty [1]
18,275,000
Agent Commission [2]
4,300,000
Sub Total
22,575,000
Deposit
Initial Deposit (5%) [3]
21,500,000
S & P Agreement (5%) [3]
21,500,000
Further Down Payment
86,000,000
Sub Total
129,000,000
Total Cash Outlay
151,575,000
Financing
301,000,000
Total Interest Payable
151,063,100
Total Repayment
452,063,100
Monthly Repayment
1,506,877
[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.