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How Much of a Down Payment Do I Need?

Use the following calculator to determine the maximum monthly payment and interest and the maximum loan amount for which you may qualify. The figures in this calculator are based on programs that require full documentation of income. These programs may require verification of W-2's, 1099's, and/or paystubs. If you cannot prove your income we have many programs that do not require any income documentation.

  Mortgage Calculator: How Much of a Down Payment Do I Need?  
  Loan Information
 
 
  Sale Price of Home
 
 
  Down Payment % %
 
 
  Estimated Interest Rate %
 
 
  Discount Points Paid at Closing %
 
 
  Mortgage Term
 
 
  Monthly Housing Expense
 
 
  Estimated Annual Property Taxes
 
 
  Estimated Annual
Homeowner's Insurance
 
 
    CalculateReset
  Mortgage Calculator Results  
  Mortgage Results
 
 
  Mortgage Amount
 
 
  Down Payment Amount
 
 
  Discount Points
 
 
  Closing Costs
 
 
  Prepaids
 
 
  Total Cash
 
 
  Mortgage Payments
 
 
  Monthly Principal &
Interest Payment
 
 
  Estimated Monthly
Property Tax Statement
 
 
  Estimated Monthly
Insurance Payment
 
 
  Mortgage Results
 
 
  Estimated Monthly Payment
 
 
  Estimated APR %

Disclaimer: The calculated results shown above are based on conventional loan program guidelines. Other loan programs are available and may provide results that better fit your individual needs. Calculations completed within this tool are estimates and are not guaranteed to be accurate.

 
 
 
 
   
         
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