Monthly Repayment
$255,819
Minimum Household Income
$511,638
Mortgage Plan
Expenses
Stamp Duty [1]
3,102,500
Agent Commission [2]
730,000
Sub Total
3,832,500
Deposit
Initial Deposit (5%) [3]
3,650,000
S & P Agreement (5%) [3]
3,650,000
Further Down Payment
14,600,000
Sub Total
21,900,000
Total Cash Outlay
25,732,500
Financing
51,100,000
Total Interest Payable
25,645,700
Total Repayment
76,745,700
Monthly Repayment
255,819
[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.