Percent Down | Down Payment |
1% | 2,800 |
2% | 5,600 |
3% | 8,400 |
4% | 11,200 |
5% | 14,000 |
6% | 16,800 |
7% | 19,600 |
8% | 22,400 |
9% | 25,200 |
10% | 28,000 |
11% | 30,800 |
12% | 33,600 |
13% | 36,400 |
14% | 39,200 |
15% | 42,000 |
16% | 44,800 |
17% | 47,600 |
18% | 50,400 |
19% | 53,200 |
20% | 56,000 |
Percent Down | Down Payment |
21% | 58,800 |
22% | 61,600 |
23% | 64,400 |
24% | 67,200 |
25% | 70,000 |
26% | 72,800 |
27% | 75,600 |
28% | 78,400 |
29% | 81,200 |
30% | 84,000 |
31% | 86,800 |
32% | 89,600 |
33% | 92,400 |
34% | 95,200 |
35% | 98,000 |
36% | 100,800 |
37% | 103,600 |
38% | 106,400 |
39% | 109,200 |
40% | 112,000 |
Percent Down | Down Payment |
41% | 114,800 |
42% | 117,600 |
43% | 120,400 |
44% | 123,200 |
45% | 126,000 |
46% | 128,800 |
47% | 131,600 |
48% | 134,400 |
49% | 137,200 |
50% | 140,000 |
51% | 142,800 |
52% | 145,600 |
53% | 148,400 |
54% | 151,200 |
55% | 154,000 |
56% | 156,800 |
57% | 159,600 |
58% | 162,400 |
59% | 165,200 |
60% | 168,000 |
Percent Down | Down Payment |
61% | 170,800 |
62% | 173,600 |
63% | 176,400 |
64% | 179,200 |
65% | 182,000 |
66% | 184,800 |
67% | 187,600 |
68% | 190,400 |
69% | 193,200 |
70% | 196,000 |
71% | 198,800 |
72% | 201,600 |
73% | 204,400 |
74% | 207,200 |
75% | 210,000 |
76% | 212,800 |
77% | 215,600 |
78% | 218,400 |
79% | 221,200 |
80% | 224,000 |
Percent Down | Down Payment |
81% | 226,800 |
82% | 229,600 |
83% | 232,400 |
84% | 235,200 |
85% | 238,000 |
86% | 240,800 |
87% | 243,600 |
88% | 246,400 |
89% | 249,200 |
90% | 252,000 |
91% | 254,800 |
92% | 257,600 |
93% | 260,400 |
94% | 263,200 |
95% | 266,000 |
96% | 268,800 |
97% | 271,600 |
98% | 274,400 |
99% | 277,200 |
100% | 280,000 |
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. |