Monthly Repayment
$301,376
Minimum Household Income
$602,752
Mortgage Plan
Expenses
Stamp Duty [1]
3,655,001
Agent Commission [2]
860,000
Sub Total
4,515,001
Deposit
Initial Deposit (5%) [3]
4,300,000
S & P Agreement (5%) [3]
4,300,000
Further Down Payment
17,200,000
Sub Total
25,800,000
Total Cash Outlay
30,315,001
Financing
60,200,000
Total Interest Payable
30,212,800
Total Repayment
90,412,800
Monthly Repayment
301,376
[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.