Percent Down | Down Payment |
1% | 1,800 |
2% | 3,600 |
3% | 5,400 |
4% | 7,200 |
5% | 9,000 |
6% | 10,800 |
7% | 12,600 |
8% | 14,400 |
9% | 16,200 |
10% | 18,000 |
11% | 19,800 |
12% | 21,600 |
13% | 23,400 |
14% | 25,200 |
15% | 27,000 |
16% | 28,800 |
17% | 30,600 |
18% | 32,400 |
19% | 34,200 |
20% | 36,000 |
Percent Down | Down Payment |
21% | 37,800 |
22% | 39,600 |
23% | 41,400 |
24% | 43,200 |
25% | 45,000 |
26% | 46,800 |
27% | 48,600 |
28% | 50,400 |
29% | 52,200 |
30% | 54,000 |
31% | 55,800 |
32% | 57,600 |
33% | 59,400 |
34% | 61,200 |
35% | 63,000 |
36% | 64,800 |
37% | 66,600 |
38% | 68,400 |
39% | 70,200 |
40% | 72,000 |
Percent Down | Down Payment |
41% | 73,800 |
42% | 75,600 |
43% | 77,400 |
44% | 79,200 |
45% | 81,000 |
46% | 82,800 |
47% | 84,600 |
48% | 86,400 |
49% | 88,200 |
50% | 90,000 |
51% | 91,800 |
52% | 93,600 |
53% | 95,400 |
54% | 97,200 |
55% | 99,000 |
56% | 100,800 |
57% | 102,600 |
58% | 104,400 |
59% | 106,200 |
60% | 108,000 |
Percent Down | Down Payment |
61% | 109,800 |
62% | 111,600 |
63% | 113,400 |
64% | 115,200 |
65% | 117,000 |
66% | 118,800 |
67% | 120,600 |
68% | 122,400 |
69% | 124,200 |
70% | 126,000 |
71% | 127,800 |
72% | 129,600 |
73% | 131,400 |
74% | 133,200 |
75% | 135,000 |
76% | 136,800 |
77% | 138,600 |
78% | 140,400 |
79% | 142,200 |
80% | 144,000 |
Percent Down | Down Payment |
81% | 145,800 |
82% | 147,600 |
83% | 149,400 |
84% | 151,200 |
85% | 153,000 |
86% | 154,800 |
87% | 156,600 |
88% | 158,400 |
89% | 160,200 |
90% | 162,000 |
91% | 163,800 |
92% | 165,600 |
93% | 167,400 |
94% | 169,200 |
95% | 171,000 |
96% | 172,800 |
97% | 174,600 |
98% | 176,400 |
99% | 178,200 |
100% | 180,000 |
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. |