Monthly Repayment
$276,845
Minimum Household Income
$553,690
Mortgage Plan
Expenses
Stamp Duty [1]
3,357,501
Agent Commission [2]
790,000
Sub Total
4,147,501
Deposit
Initial Deposit (5%) [3]
3,950,000
S & P Agreement (5%) [3]
3,950,000
Further Down Payment
15,800,000
Sub Total
23,700,000
Total Cash Outlay
27,847,501
Financing
55,300,000
Total Interest Payable
27,753,500
Total Repayment
83,053,500
Monthly Repayment
276,845
[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.