Percent Down | Down Payment |
1% | 1,600 |
2% | 3,200 |
3% | 4,800 |
4% | 6,400 |
5% | 8,000 |
6% | 9,600 |
7% | 11,200 |
8% | 12,800 |
9% | 14,400 |
10% | 16,000 |
11% | 17,600 |
12% | 19,200 |
13% | 20,800 |
14% | 22,400 |
15% | 24,000 |
16% | 25,600 |
17% | 27,200 |
18% | 28,800 |
19% | 30,400 |
20% | 32,000 |
Percent Down | Down Payment |
21% | 33,600 |
22% | 35,200 |
23% | 36,800 |
24% | 38,400 |
25% | 40,000 |
26% | 41,600 |
27% | 43,200 |
28% | 44,800 |
29% | 46,400 |
30% | 48,000 |
31% | 49,600 |
32% | 51,200 |
33% | 52,800 |
34% | 54,400 |
35% | 56,000 |
36% | 57,600 |
37% | 59,200 |
38% | 60,800 |
39% | 62,400 |
40% | 64,000 |
Percent Down | Down Payment |
41% | 65,600 |
42% | 67,200 |
43% | 68,800 |
44% | 70,400 |
45% | 72,000 |
46% | 73,600 |
47% | 75,200 |
48% | 76,800 |
49% | 78,400 |
50% | 80,000 |
51% | 81,600 |
52% | 83,200 |
53% | 84,800 |
54% | 86,400 |
55% | 88,000 |
56% | 89,600 |
57% | 91,200 |
58% | 92,800 |
59% | 94,400 |
60% | 96,000 |
Percent Down | Down Payment |
61% | 97,600 |
62% | 99,200 |
63% | 100,800 |
64% | 102,400 |
65% | 104,000 |
66% | 105,600 |
67% | 107,200 |
68% | 108,800 |
69% | 110,400 |
70% | 112,000 |
71% | 113,600 |
72% | 115,200 |
73% | 116,800 |
74% | 118,400 |
75% | 120,000 |
76% | 121,600 |
77% | 123,200 |
78% | 124,800 |
79% | 126,400 |
80% | 128,000 |
Percent Down | Down Payment |
81% | 129,600 |
82% | 131,200 |
83% | 132,800 |
84% | 134,400 |
85% | 136,000 |
86% | 137,600 |
87% | 139,200 |
88% | 140,800 |
89% | 142,400 |
90% | 144,000 |
91% | 145,600 |
92% | 147,200 |
93% | 148,800 |
94% | 150,400 |
95% | 152,000 |
96% | 153,600 |
97% | 155,200 |
98% | 156,800 |
99% | 158,400 |
100% | 160,000 |
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. |