Percent Down | Down Payment |
1% | 1,400 |
2% | 2,800 |
3% | 4,200 |
4% | 5,600 |
5% | 7,000 |
6% | 8,400 |
7% | 9,800 |
8% | 11,200 |
9% | 12,600 |
10% | 14,000 |
11% | 15,400 |
12% | 16,800 |
13% | 18,200 |
14% | 19,600 |
15% | 21,000 |
16% | 22,400 |
17% | 23,800 |
18% | 25,200 |
19% | 26,600 |
20% | 28,000 |
Percent Down | Down Payment |
21% | 29,400 |
22% | 30,800 |
23% | 32,200 |
24% | 33,600 |
25% | 35,000 |
26% | 36,400 |
27% | 37,800 |
28% | 39,200 |
29% | 40,600 |
30% | 42,000 |
31% | 43,400 |
32% | 44,800 |
33% | 46,200 |
34% | 47,600 |
35% | 49,000 |
36% | 50,400 |
37% | 51,800 |
38% | 53,200 |
39% | 54,600 |
40% | 56,000 |
Percent Down | Down Payment |
41% | 57,400 |
42% | 58,800 |
43% | 60,200 |
44% | 61,600 |
45% | 63,000 |
46% | 64,400 |
47% | 65,800 |
48% | 67,200 |
49% | 68,600 |
50% | 70,000 |
51% | 71,400 |
52% | 72,800 |
53% | 74,200 |
54% | 75,600 |
55% | 77,000 |
56% | 78,400 |
57% | 79,800 |
58% | 81,200 |
59% | 82,600 |
60% | 84,000 |
Percent Down | Down Payment |
61% | 85,400 |
62% | 86,800 |
63% | 88,200 |
64% | 89,600 |
65% | 91,000 |
66% | 92,400 |
67% | 93,800 |
68% | 95,200 |
69% | 96,600 |
70% | 98,000 |
71% | 99,400 |
72% | 100,800 |
73% | 102,200 |
74% | 103,600 |
75% | 105,000 |
76% | 106,400 |
77% | 107,800 |
78% | 109,200 |
79% | 110,600 |
80% | 112,000 |
Percent Down | Down Payment |
81% | 113,400 |
82% | 114,800 |
83% | 116,200 |
84% | 117,600 |
85% | 119,000 |
86% | 120,400 |
87% | 121,800 |
88% | 123,200 |
89% | 124,600 |
90% | 126,000 |
91% | 127,400 |
92% | 128,800 |
93% | 130,200 |
94% | 131,600 |
95% | 133,000 |
96% | 134,400 |
97% | 135,800 |
98% | 137,200 |
99% | 138,600 |
100% | 140,000 |
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. |