Percent Down | Down Payment |
1% | 1,200 |
2% | 2,400 |
3% | 3,600 |
4% | 4,800 |
5% | 6,000 |
6% | 7,200 |
7% | 8,400 |
8% | 9,600 |
9% | 10,800 |
10% | 12,000 |
11% | 13,200 |
12% | 14,400 |
13% | 15,600 |
14% | 16,800 |
15% | 18,000 |
16% | 19,200 |
17% | 20,400 |
18% | 21,600 |
19% | 22,800 |
20% | 24,000 |
Percent Down | Down Payment |
21% | 25,200 |
22% | 26,400 |
23% | 27,600 |
24% | 28,800 |
25% | 30,000 |
26% | 31,200 |
27% | 32,400 |
28% | 33,600 |
29% | 34,800 |
30% | 36,000 |
31% | 37,200 |
32% | 38,400 |
33% | 39,600 |
34% | 40,800 |
35% | 42,000 |
36% | 43,200 |
37% | 44,400 |
38% | 45,600 |
39% | 46,800 |
40% | 48,000 |
Percent Down | Down Payment |
41% | 49,200 |
42% | 50,400 |
43% | 51,600 |
44% | 52,800 |
45% | 54,000 |
46% | 55,200 |
47% | 56,400 |
48% | 57,600 |
49% | 58,800 |
50% | 60,000 |
51% | 61,200 |
52% | 62,400 |
53% | 63,600 |
54% | 64,800 |
55% | 66,000 |
56% | 67,200 |
57% | 68,400 |
58% | 69,600 |
59% | 70,800 |
60% | 72,000 |
Percent Down | Down Payment |
61% | 73,200 |
62% | 74,400 |
63% | 75,600 |
64% | 76,800 |
65% | 78,000 |
66% | 79,200 |
67% | 80,400 |
68% | 81,600 |
69% | 82,800 |
70% | 84,000 |
71% | 85,200 |
72% | 86,400 |
73% | 87,600 |
74% | 88,800 |
75% | 90,000 |
76% | 91,200 |
77% | 92,400 |
78% | 93,600 |
79% | 94,800 |
80% | 96,000 |
Percent Down | Down Payment |
81% | 97,200 |
82% | 98,400 |
83% | 99,600 |
84% | 100,800 |
85% | 102,000 |
86% | 103,200 |
87% | 104,400 |
88% | 105,600 |
89% | 106,800 |
90% | 108,000 |
91% | 109,200 |
92% | 110,400 |
93% | 111,600 |
94% | 112,800 |
95% | 114,000 |
96% | 115,200 |
97% | 116,400 |
98% | 117,600 |
99% | 118,800 |
100% | 120,000 |
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. |