Percent Down | Down Payment |
1% | 4,800 |
2% | 9,600 |
3% | 14,400 |
4% | 19,200 |
5% | 24,000 |
6% | 28,800 |
7% | 33,600 |
8% | 38,400 |
9% | 43,200 |
10% | 48,000 |
11% | 52,800 |
12% | 57,600 |
13% | 62,400 |
14% | 67,200 |
15% | 72,000 |
16% | 76,800 |
17% | 81,600 |
18% | 86,400 |
19% | 91,200 |
20% | 96,000 |
Percent Down | Down Payment |
21% | 100,800 |
22% | 105,600 |
23% | 110,400 |
24% | 115,200 |
25% | 120,000 |
26% | 124,800 |
27% | 129,600 |
28% | 134,400 |
29% | 139,200 |
30% | 144,000 |
31% | 148,800 |
32% | 153,600 |
33% | 158,400 |
34% | 163,200 |
35% | 168,000 |
36% | 172,800 |
37% | 177,600 |
38% | 182,400 |
39% | 187,200 |
40% | 192,000 |
Percent Down | Down Payment |
41% | 196,800 |
42% | 201,600 |
43% | 206,400 |
44% | 211,200 |
45% | 216,000 |
46% | 220,800 |
47% | 225,600 |
48% | 230,400 |
49% | 235,200 |
50% | 240,000 |
51% | 244,800 |
52% | 249,600 |
53% | 254,400 |
54% | 259,200 |
55% | 264,000 |
56% | 268,800 |
57% | 273,600 |
58% | 278,400 |
59% | 283,200 |
60% | 288,000 |
Percent Down | Down Payment |
61% | 292,800 |
62% | 297,600 |
63% | 302,400 |
64% | 307,200 |
65% | 312,000 |
66% | 316,800 |
67% | 321,600 |
68% | 326,400 |
69% | 331,200 |
70% | 336,000 |
71% | 340,800 |
72% | 345,600 |
73% | 350,400 |
74% | 355,200 |
75% | 360,000 |
76% | 364,800 |
77% | 369,600 |
78% | 374,400 |
79% | 379,200 |
80% | 384,000 |
Percent Down | Down Payment |
81% | 388,800 |
82% | 393,600 |
83% | 398,400 |
84% | 403,200 |
85% | 408,000 |
86% | 412,800 |
87% | 417,600 |
88% | 422,400 |
89% | 427,200 |
90% | 432,000 |
91% | 436,800 |
92% | 441,600 |
93% | 446,400 |
94% | 451,200 |
95% | 456,000 |
96% | 460,800 |
97% | 465,600 |
98% | 470,400 |
99% | 475,200 |
100% | 480,000 |
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. |