MORTGAGE INFORMATION Print     中文
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Calculation of Mortgage Terms and Estimate of Expenses
Property Price: $8,000,000.00
Down Payment: $2,400,000.00
Loan amount: $5,600,000.00
Monthly Payment: $29,946.74 (4.125% 300-term)
Total repayment: $8,984,021.29
Total int. paid: $3,384,021.29
Miscellaneous Expenses
S&P Agreement: $2,500.00
Assignment* $13,000.00
Mortgage Deed* $7,375.00
Agency Commission: $80,000.00
Mort. Insurance: $0 one-time payment
* The exact charges to be determined by the solicitors.
Registration Fee & Taxes
S&P Reg: $210.00
Reg Fee: $230.00 - $450.00
Reg Fee: $210.00
Reg Fee: $300.00
Land Register: $30.00
Stamp Duty # $240,000.00
# The exact stamp duty to be determined by the government.
Int. Rate 20yr-term 25yr-term 30yr-term
1.000 $25,754.08 $21,104.86 $18,011.81
1.500 $27,022.54 $22,396.43 $19,326.73
2.000 $28,329.47 $23,735.84 $20,698.69
2.500 $29,674.56 $25,122.54 $22,126.77
3.000 $31,057.47 $26,555.83 $23,609.83
3.500 $32,477.74 $28,034.92 $25,146.50
4.000 $33,934.90 $29,558.86 $26,735.26
4.125 $34,304.88 $29,946.74 $27,140.39
4.500 $35,428.37 $31,126.62 $28,374.38
5.000 $36,957.52 $32,737.04 $30,062.01
5.500 $38,521.69 $34,388.90 $31,796.18
6.000 $40,120.14 $36,080.88 $33,574.83
 
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.