Monthly Repayment
$1,331,659
Minimum Household Income
$2,663,318
Mortgage Plan
Expenses
Stamp Duty [1]
16,150,001
Agent Commission [2]
3,800,000
Sub Total
19,950,001
Deposit
Initial Deposit (5%) [3]
19,000,000
S & P Agreement (5%) [3]
19,000,000
Further Down Payment
76,000,000
Sub Total
114,000,000
Total Cash Outlay
133,950,001
Financing
266,000,000
Total Interest Payable
133,497,700
Total Repayment
399,497,700
Monthly Repayment
1,331,659
[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.