| Calculation of Mortgage Terms and Estimate of Expenses |
| Property Price： |
$5,000,000.00 |
|
|
| Down Payment： |
$1,500,000.00 |
| |
| Loan amount： |
$3,500,000.00 |
Total repayment： |
$5,327,201.13 |
| Monthly Payment： |
$17,757.34 (3.625% 300-term) |
Total int. paid： |
$1,827,201.13 |
| Miscellaneous Expenses |
Registration Fee & Taxes |
| S&P Agreement： |
$2,000.00 |
S&P Reg： |
$210.00 |
| Assignment *： |
$11,500.00 |
Reg Fee： |
$230.00 - $450.00 |
| Mortgage Deed： |
$7,375.00 |
Reg Fee： |
$210.00 |
| Agency Commission： |
$50,000.00 |
Reg Fee： |
$300.00 |
| Mort. Insurance： |
$0.00 (one-time payment) |
Land Register： |
$30.00 |
|
Stamp Duty# : |
$112,500.00 |
| * The exact charges to be determined by the solicitors. |
# The exact stamp duty to be determined by the government. |
| Int. Rate |
7yr-term |
10yr-term |
13yr-term |
15yr-term |
20yr-term |
25yr-term |
30yr-term |
| 1.000 |
$43,159.36 |
$30,661.44 |
$23,935.15 |
$20,947.31 |
$16,096.30 |
$13,190.54 |
$11,257.38 |
| 1.500 |
$43,918.45 |
$31,427.02 |
$24,708.42 |
$21,726.01 |
$16,889.09 |
$13,997.77 |
$12,079.21 |
| 2.000 |
$44,686.02 |
$32,204.71 |
$25,497.40 |
$22,522.80 |
$17,705.92 |
$14,834.90 |
$12,936.68 |
| 2.500 |
$45,462.06 |
$32,994.47 |
$26,302.02 |
$23,337.62 |
$18,546.60 |
$15,701.59 |
$13,829.23 |
| 3.000 |
$46,246.55 |
$33,796.26 |
$27,122.24 |
$24,170.36 |
$19,410.92 |
$16,597.40 |
$14,756.14 |
| 3.500 |
$47,039.48 |
$34,610.05 |
$27,957.95 |
$25,020.89 |
$20,298.59 |
$17,521.82 |
$15,716.56 |
| 3.625 |
$47,239.03 |
$34,815.37 |
$28,169.29 |
$25,236.29 |
$20,524.12 |
|
$15,961.80 |
| 4.000 |
$47,840.82 |
$35,435.80 |
$28,809.07 |
$25,889.08 |
$21,209.31 |
$18,474.29 |
$16,709.54 |
| 4.500 |
$48,650.56 |
$36,273.44 |
$29,675.49 |
$26,774.77 |
$22,142.73 |
$19,454.14 |
$17,733.99 |
| 5.000 |
$49,468.68 |
$37,122.93 |
$30,557.09 |
$27,677.78 |
$23,098.45 |
$20,460.65 |
$18,788.76 |
| 5.500 |
$50,295.15 |
$37,984.20 |
$31,453.75 |
$28,597.92 |
$24,076.06 |
$21,493.06 |
$19,872.62 |
| 6.000 |
$51,129.94 |
$38,857.18 |
$32,365.32 |
$29,534.99 |
$25,075.09 |
$22,550.55 |
$20,984.27 |
| |
Disclaimer:
The information provided by this calculator is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to using and relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed. |
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