Percent Down | Down Payment |
1% | 3,600 |
2% | 7,200 |
3% | 10,800 |
4% | 14,400 |
5% | 18,000 |
6% | 21,600 |
7% | 25,200 |
8% | 28,800 |
9% | 32,400 |
10% | 36,000 |
11% | 39,600 |
12% | 43,200 |
13% | 46,800 |
14% | 50,400 |
15% | 54,000 |
16% | 57,600 |
17% | 61,200 |
18% | 64,800 |
19% | 68,400 |
20% | 72,000 |
Percent Down | Down Payment |
21% | 75,600 |
22% | 79,200 |
23% | 82,800 |
24% | 86,400 |
25% | 90,000 |
26% | 93,600 |
27% | 97,200 |
28% | 100,800 |
29% | 104,400 |
30% | 108,000 |
31% | 111,600 |
32% | 115,200 |
33% | 118,800 |
34% | 122,400 |
35% | 126,000 |
36% | 129,600 |
37% | 133,200 |
38% | 136,800 |
39% | 140,400 |
40% | 144,000 |
Percent Down | Down Payment |
41% | 147,600 |
42% | 151,200 |
43% | 154,800 |
44% | 158,400 |
45% | 162,000 |
46% | 165,600 |
47% | 169,200 |
48% | 172,800 |
49% | 176,400 |
50% | 180,000 |
51% | 183,600 |
52% | 187,200 |
53% | 190,800 |
54% | 194,400 |
55% | 198,000 |
56% | 201,600 |
57% | 205,200 |
58% | 208,800 |
59% | 212,400 |
60% | 216,000 |
Percent Down | Down Payment |
61% | 219,600 |
62% | 223,200 |
63% | 226,800 |
64% | 230,400 |
65% | 234,000 |
66% | 237,600 |
67% | 241,200 |
68% | 244,800 |
69% | 248,400 |
70% | 252,000 |
71% | 255,600 |
72% | 259,200 |
73% | 262,800 |
74% | 266,400 |
75% | 270,000 |
76% | 273,600 |
77% | 277,200 |
78% | 280,800 |
79% | 284,400 |
80% | 288,000 |
Percent Down | Down Payment |
81% | 291,600 |
82% | 295,200 |
83% | 298,800 |
84% | 302,400 |
85% | 306,000 |
86% | 309,600 |
87% | 313,200 |
88% | 316,800 |
89% | 320,400 |
90% | 324,000 |
91% | 327,600 |
92% | 331,200 |
93% | 334,800 |
94% | 338,400 |
95% | 342,000 |
96% | 345,600 |
97% | 349,200 |
98% | 352,800 |
99% | 356,400 |
100% | 360,000 |
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. |