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How Much of a Down Payment Do I Need?

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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. Back to Calculator Menu

  Mortgage Calculator: How Much of a Down Payment Do I Need?  
  Loan Information
  Sale Price of Home ($)
  Down Payment %
  Estimated Interest Rate %
  Mortgage Term
  Monthly Housing Expense
  Estimated Annual
Property Taxes ($)
  Estimated Annual
Homeowners 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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