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How Much Down Payment Do I Need?


Loan Information

Sales Price of Home
Down Payment Percentage %
Estimated Interest Rate %
Discount Points Paid at Closing %
Mortgage Term

Additional Expenses

Estimated Annual Property Taxes
Est. Annual Homeowners Ins.
 

Mortgage Results

Mortgage Amount
Down Payment Amount
Discount Points
Closing Costs
Prepaids
Total Cash

Monthly Payments

Monthly Principal & Interest Payment
Estimated Monthly Property Tax Payment
Estimated Monthly Insurance Payment
Total Estimated Monthly Payment
Estimated APR %
DISCLAIMER: The prequalification figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.

 

 

 

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