Percent Down | Down Payment |
1% | 3,200 |
2% | 6,400 |
3% | 9,600 |
4% | 12,800 |
5% | 16,000 |
6% | 19,200 |
7% | 22,400 |
8% | 25,600 |
9% | 28,800 |
10% | 32,000 |
11% | 35,200 |
12% | 38,400 |
13% | 41,600 |
14% | 44,800 |
15% | 48,000 |
16% | 51,200 |
17% | 54,400 |
18% | 57,600 |
19% | 60,800 |
20% | 64,000 |
Percent Down | Down Payment |
21% | 67,200 |
22% | 70,400 |
23% | 73,600 |
24% | 76,800 |
25% | 80,000 |
26% | 83,200 |
27% | 86,400 |
28% | 89,600 |
29% | 92,800 |
30% | 96,000 |
31% | 99,200 |
32% | 102,400 |
33% | 105,600 |
34% | 108,800 |
35% | 112,000 |
36% | 115,200 |
37% | 118,400 |
38% | 121,600 |
39% | 124,800 |
40% | 128,000 |
Percent Down | Down Payment |
41% | 131,200 |
42% | 134,400 |
43% | 137,600 |
44% | 140,800 |
45% | 144,000 |
46% | 147,200 |
47% | 150,400 |
48% | 153,600 |
49% | 156,800 |
50% | 160,000 |
51% | 163,200 |
52% | 166,400 |
53% | 169,600 |
54% | 172,800 |
55% | 176,000 |
56% | 179,200 |
57% | 182,400 |
58% | 185,600 |
59% | 188,800 |
60% | 192,000 |
Percent Down | Down Payment |
61% | 195,200 |
62% | 198,400 |
63% | 201,600 |
64% | 204,800 |
65% | 208,000 |
66% | 211,200 |
67% | 214,400 |
68% | 217,600 |
69% | 220,800 |
70% | 224,000 |
71% | 227,200 |
72% | 230,400 |
73% | 233,600 |
74% | 236,800 |
75% | 240,000 |
76% | 243,200 |
77% | 246,400 |
78% | 249,600 |
79% | 252,800 |
80% | 256,000 |
Percent Down | Down Payment |
81% | 259,200 |
82% | 262,400 |
83% | 265,600 |
84% | 268,800 |
85% | 272,000 |
86% | 275,200 |
87% | 278,400 |
88% | 281,600 |
89% | 284,800 |
90% | 288,000 |
91% | 291,200 |
92% | 294,400 |
93% | 297,600 |
94% | 300,800 |
95% | 304,000 |
96% | 307,200 |
97% | 310,400 |
98% | 313,600 |
99% | 316,800 |
100% | 320,000 |
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. |