Percent Down | Down Payment |
1% | 4,200 |
2% | 8,400 |
3% | 12,600 |
4% | 16,800 |
5% | 21,000 |
6% | 25,200 |
7% | 29,400 |
8% | 33,600 |
9% | 37,800 |
10% | 42,000 |
11% | 46,200 |
12% | 50,400 |
13% | 54,600 |
14% | 58,800 |
15% | 63,000 |
16% | 67,200 |
17% | 71,400 |
18% | 75,600 |
19% | 79,800 |
20% | 84,000 |
Percent Down | Down Payment |
21% | 88,200 |
22% | 92,400 |
23% | 96,600 |
24% | 100,800 |
25% | 105,000 |
26% | 109,200 |
27% | 113,400 |
28% | 117,600 |
29% | 121,800 |
30% | 126,000 |
31% | 130,200 |
32% | 134,400 |
33% | 138,600 |
34% | 142,800 |
35% | 147,000 |
36% | 151,200 |
37% | 155,400 |
38% | 159,600 |
39% | 163,800 |
40% | 168,000 |
Percent Down | Down Payment |
41% | 172,200 |
42% | 176,400 |
43% | 180,600 |
44% | 184,800 |
45% | 189,000 |
46% | 193,200 |
47% | 197,400 |
48% | 201,600 |
49% | 205,800 |
50% | 210,000 |
51% | 214,200 |
52% | 218,400 |
53% | 222,600 |
54% | 226,800 |
55% | 231,000 |
56% | 235,200 |
57% | 239,400 |
58% | 243,600 |
59% | 247,800 |
60% | 252,000 |
Percent Down | Down Payment |
61% | 256,200 |
62% | 260,400 |
63% | 264,600 |
64% | 268,800 |
65% | 273,000 |
66% | 277,200 |
67% | 281,400 |
68% | 285,600 |
69% | 289,800 |
70% | 294,000 |
71% | 298,200 |
72% | 302,400 |
73% | 306,600 |
74% | 310,800 |
75% | 315,000 |
76% | 319,200 |
77% | 323,400 |
78% | 327,600 |
79% | 331,800 |
80% | 336,000 |
Percent Down | Down Payment |
81% | 340,200 |
82% | 344,400 |
83% | 348,600 |
84% | 352,800 |
85% | 357,000 |
86% | 361,200 |
87% | 365,400 |
88% | 369,600 |
89% | 373,800 |
90% | 378,000 |
91% | 382,200 |
92% | 386,400 |
93% | 390,600 |
94% | 394,800 |
95% | 399,000 |
96% | 403,200 |
97% | 407,400 |
98% | 411,600 |
99% | 415,800 |
100% | 420,000 |
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. |