Percent Down | Down Payment |
1% | 1,050 |
2% | 2,100 |
3% | 3,150 |
4% | 4,200 |
5% | 5,250 |
6% | 6,300 |
7% | 7,350 |
8% | 8,400 |
9% | 9,450 |
10% | 10,500 |
11% | 11,550 |
12% | 12,600 |
13% | 13,650 |
14% | 14,700 |
15% | 15,750 |
16% | 16,800 |
17% | 17,850 |
18% | 18,900 |
19% | 19,950 |
20% | 21,000 |
Percent Down | Down Payment |
21% | 22,050 |
22% | 23,100 |
23% | 24,150 |
24% | 25,200 |
25% | 26,250 |
26% | 27,300 |
27% | 28,350 |
28% | 29,400 |
29% | 30,450 |
30% | 31,500 |
31% | 32,550 |
32% | 33,600 |
33% | 34,650 |
34% | 35,700 |
35% | 36,750 |
36% | 37,800 |
37% | 38,850 |
38% | 39,900 |
39% | 40,950 |
40% | 42,000 |
Percent Down | Down Payment |
41% | 43,050 |
42% | 44,100 |
43% | 45,150 |
44% | 46,200 |
45% | 47,250 |
46% | 48,300 |
47% | 49,350 |
48% | 50,400 |
49% | 51,450 |
50% | 52,500 |
51% | 53,550 |
52% | 54,600 |
53% | 55,650 |
54% | 56,700 |
55% | 57,750 |
56% | 58,800 |
57% | 59,850 |
58% | 60,900 |
59% | 61,950 |
60% | 63,000 |
Percent Down | Down Payment |
61% | 64,050 |
62% | 65,100 |
63% | 66,150 |
64% | 67,200 |
65% | 68,250 |
66% | 69,300 |
67% | 70,350 |
68% | 71,400 |
69% | 72,450 |
70% | 73,500 |
71% | 74,550 |
72% | 75,600 |
73% | 76,650 |
74% | 77,700 |
75% | 78,750 |
76% | 79,800 |
77% | 80,850 |
78% | 81,900 |
79% | 82,950 |
80% | 84,000 |
Percent Down | Down Payment |
81% | 85,050 |
82% | 86,100 |
83% | 87,150 |
84% | 88,200 |
85% | 89,250 |
86% | 90,300 |
87% | 91,350 |
88% | 92,400 |
89% | 93,450 |
90% | 94,500 |
91% | 95,550 |
92% | 96,600 |
93% | 97,650 |
94% | 98,700 |
95% | 99,750 |
96% | 100,800 |
97% | 101,850 |
98% | 102,900 |
99% | 103,950 |
100% | 105,000 |
APR | Annual Percentage Rate, the annual cost of borrowing or lending money. |
PMI | Private Mortgage Insurance. A downpayment less than 20% often requires that the borrower purchase PMI. This increases the overall monthly payment. |
Property Taxes | Taxes charged by the local government to the owner of the property. This is often charged as a percentage of the assessed value of the property. |
Insurance | Home insurance protects your property against damage. Flood insurance is often recommended for some areas of the country. Individuals with a high net worth might consider an umbrella policy. |
HOA | Homeowners' Association. Usually part of a condo development or subdivision. The HOA often sets the rules, takes care of common maintenance, and charges a fee. |
Mortgage Refinance | After mortgage rates have decreased, it is often possible to get a new mortgage at a lower rate. This is a loan refinance and can save lots of money. |