Percent Down | Down Payment |
1% | 1,500 |
2% | 3,000 |
3% | 4,500 |
4% | 6,000 |
5% | 7,500 |
6% | 9,000 |
7% | 10,500 |
8% | 12,000 |
9% | 13,500 |
10% | 15,000 |
11% | 16,500 |
12% | 18,000 |
13% | 19,500 |
14% | 21,000 |
15% | 22,500 |
16% | 24,000 |
17% | 25,500 |
18% | 27,000 |
19% | 28,500 |
20% | 30,000 |
Percent Down | Down Payment |
21% | 31,500 |
22% | 33,000 |
23% | 34,500 |
24% | 36,000 |
25% | 37,500 |
26% | 39,000 |
27% | 40,500 |
28% | 42,000 |
29% | 43,500 |
30% | 45,000 |
31% | 46,500 |
32% | 48,000 |
33% | 49,500 |
34% | 51,000 |
35% | 52,500 |
36% | 54,000 |
37% | 55,500 |
38% | 57,000 |
39% | 58,500 |
40% | 60,000 |
Percent Down | Down Payment |
41% | 61,500 |
42% | 63,000 |
43% | 64,500 |
44% | 66,000 |
45% | 67,500 |
46% | 69,000 |
47% | 70,500 |
48% | 72,000 |
49% | 73,500 |
50% | 75,000 |
51% | 76,500 |
52% | 78,000 |
53% | 79,500 |
54% | 81,000 |
55% | 82,500 |
56% | 84,000 |
57% | 85,500 |
58% | 87,000 |
59% | 88,500 |
60% | 90,000 |
Percent Down | Down Payment |
61% | 91,500 |
62% | 93,000 |
63% | 94,500 |
64% | 96,000 |
65% | 97,500 |
66% | 99,000 |
67% | 100,500 |
68% | 102,000 |
69% | 103,500 |
70% | 105,000 |
71% | 106,500 |
72% | 108,000 |
73% | 109,500 |
74% | 111,000 |
75% | 112,500 |
76% | 114,000 |
77% | 115,500 |
78% | 117,000 |
79% | 118,500 |
80% | 120,000 |
Percent Down | Down Payment |
81% | 121,500 |
82% | 123,000 |
83% | 124,500 |
84% | 126,000 |
85% | 127,500 |
86% | 129,000 |
87% | 130,500 |
88% | 132,000 |
89% | 133,500 |
90% | 135,000 |
91% | 136,500 |
92% | 138,000 |
93% | 139,500 |
94% | 141,000 |
95% | 142,500 |
96% | 144,000 |
97% | 145,500 |
98% | 147,000 |
99% | 148,500 |
100% | 150,000 |
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. |