Monthly Repayment
$939,170
Minimum Household Income
$1,878,340
Mortgage Plan
Expenses
Stamp Duty [1]
11,390,000
Agent Commission [2]
2,680,000
Sub Total
14,070,000
Deposit
Initial Deposit (5%) [3]
13,400,000
S & P Agreement (5%) [3]
13,400,000
Further Down Payment
53,600,000
Sub Total
80,400,000
Total Cash Outlay
94,470,000
Financing
187,600,000
Total Interest Payable
94,151,000
Total Repayment
281,751,000
Monthly Repayment
939,170
[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.