October 13, 2008

Required Downpayment


How Much of a Down Payment Do I Need?
Loan Information
Sales Price of Home
Down Payment Percentage %
Estimated Interest Rate %
Discount Points Paid at Closing %
Mortgage Term
Additonal Expenses
Estimated Annual Property Taxes
Est. Annual Homeowners Ins.
 
Mortgage Results
Mortgage Amount
Down Payment Amount
Discount Points
Closing Costs
Prepaids
Total Cash
Monthly Payments
Monthly Principal & Interest Payment
Estimated Monthly Property Tax Payment
Estimated Monthly Insurance Payment
Total Estimated Monthly Payment
Estimated APR %
DISCLAIMER: The prequalification figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.

The information provided by these calculators is for illustrative purposes only. The information entered may vary from your actual loan, mortgage, investment, or savings results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by NE Moves Mortgage, LLC.