Percent Down | Down Payment |
1% | 3,500 |
2% | 7,000 |
3% | 10,500 |
4% | 14,000 |
5% | 17,500 |
6% | 21,000 |
7% | 24,500 |
8% | 28,000 |
9% | 31,500 |
10% | 35,000 |
11% | 38,500 |
12% | 42,000 |
13% | 45,500 |
14% | 49,000 |
15% | 52,500 |
16% | 56,000 |
17% | 59,500 |
18% | 63,000 |
19% | 66,500 |
20% | 70,000 |
Percent Down | Down Payment |
21% | 73,500 |
22% | 77,000 |
23% | 80,500 |
24% | 84,000 |
25% | 87,500 |
26% | 91,000 |
27% | 94,500 |
28% | 98,000 |
29% | 101,500 |
30% | 105,000 |
31% | 108,500 |
32% | 112,000 |
33% | 115,500 |
34% | 119,000 |
35% | 122,500 |
36% | 126,000 |
37% | 129,500 |
38% | 133,000 |
39% | 136,500 |
40% | 140,000 |
Percent Down | Down Payment |
41% | 143,500 |
42% | 147,000 |
43% | 150,500 |
44% | 154,000 |
45% | 157,500 |
46% | 161,000 |
47% | 164,500 |
48% | 168,000 |
49% | 171,500 |
50% | 175,000 |
51% | 178,500 |
52% | 182,000 |
53% | 185,500 |
54% | 189,000 |
55% | 192,500 |
56% | 196,000 |
57% | 199,500 |
58% | 203,000 |
59% | 206,500 |
60% | 210,000 |
Percent Down | Down Payment |
61% | 213,500 |
62% | 217,000 |
63% | 220,500 |
64% | 224,000 |
65% | 227,500 |
66% | 231,000 |
67% | 234,500 |
68% | 238,000 |
69% | 241,500 |
70% | 245,000 |
71% | 248,500 |
72% | 252,000 |
73% | 255,500 |
74% | 259,000 |
75% | 262,500 |
76% | 266,000 |
77% | 269,500 |
78% | 273,000 |
79% | 276,500 |
80% | 280,000 |
Percent Down | Down Payment |
81% | 283,500 |
82% | 287,000 |
83% | 290,500 |
84% | 294,000 |
85% | 297,500 |
86% | 301,000 |
87% | 304,500 |
88% | 308,000 |
89% | 311,500 |
90% | 315,000 |
91% | 318,500 |
92% | 322,000 |
93% | 325,500 |
94% | 329,000 |
95% | 332,500 |
96% | 336,000 |
97% | 339,500 |
98% | 343,000 |
99% | 346,500 |
100% | 350,000 |
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. |