Monthly Repayment
$287,358
Minimum Household Income
$574,716
Mortgage Plan
Expenses
Stamp Duty [1]
3,485,001
Agent Commission [2]
820,000
Sub Total
4,305,001
Deposit
Initial Deposit (5%) [3]
4,100,000
S & P Agreement (5%) [3]
4,100,000
Further Down Payment
16,400,000
Sub Total
24,600,000
Total Cash Outlay
28,905,001
Financing
57,400,000
Total Interest Payable
28,807,400
Total Repayment
86,207,400
Monthly Repayment
287,358
[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.