Percent Down | Down Payment |
1% | 1,150 |
2% | 2,300 |
3% | 3,450 |
4% | 4,600 |
5% | 5,750 |
6% | 6,900 |
7% | 8,050 |
8% | 9,200 |
9% | 10,350 |
10% | 11,500 |
11% | 12,650 |
12% | 13,800 |
13% | 14,950 |
14% | 16,100 |
15% | 17,250 |
16% | 18,400 |
17% | 19,550 |
18% | 20,700 |
19% | 21,850 |
20% | 23,000 |
Percent Down | Down Payment |
21% | 24,150 |
22% | 25,300 |
23% | 26,450 |
24% | 27,600 |
25% | 28,750 |
26% | 29,900 |
27% | 31,050 |
28% | 32,200 |
29% | 33,350 |
30% | 34,500 |
31% | 35,650 |
32% | 36,800 |
33% | 37,950 |
34% | 39,100 |
35% | 40,250 |
36% | 41,400 |
37% | 42,550 |
38% | 43,700 |
39% | 44,850 |
40% | 46,000 |
Percent Down | Down Payment |
41% | 47,150 |
42% | 48,300 |
43% | 49,450 |
44% | 50,600 |
45% | 51,750 |
46% | 52,900 |
47% | 54,050 |
48% | 55,200 |
49% | 56,350 |
50% | 57,500 |
51% | 58,650 |
52% | 59,800 |
53% | 60,950 |
54% | 62,100 |
55% | 63,250 |
56% | 64,400 |
57% | 65,550 |
58% | 66,700 |
59% | 67,850 |
60% | 69,000 |
Percent Down | Down Payment |
61% | 70,150 |
62% | 71,300 |
63% | 72,450 |
64% | 73,600 |
65% | 74,750 |
66% | 75,900 |
67% | 77,050 |
68% | 78,200 |
69% | 79,350 |
70% | 80,500 |
71% | 81,650 |
72% | 82,800 |
73% | 83,950 |
74% | 85,100 |
75% | 86,250 |
76% | 87,400 |
77% | 88,550 |
78% | 89,700 |
79% | 90,850 |
80% | 92,000 |
Percent Down | Down Payment |
81% | 93,150 |
82% | 94,300 |
83% | 95,450 |
84% | 96,600 |
85% | 97,750 |
86% | 98,900 |
87% | 100,050 |
88% | 101,200 |
89% | 102,350 |
90% | 103,500 |
91% | 104,650 |
92% | 105,800 |
93% | 106,950 |
94% | 108,100 |
95% | 109,250 |
96% | 110,400 |
97% | 111,550 |
98% | 112,700 |
99% | 113,850 |
100% | 115,000 |
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. |