Mortgage Tool
Down Payment Calculator
Explore different down payment options and see how each one affects your loan amount and monthly payment.
Loan Details
For down payment + closing costs
PMI required below 20% down
Your Down Payment
$150,000
20% of $750,000
Payment Summary
Cash shortfall: $12,000
Consider a lower down payment or gift funds
Down Payment Scenarios
See how different down payment amounts affect your loan and monthly payment
| Down % | Down Amount | Loan Amount | Monthly P&I |
|---|---|---|---|
| 3% | $22,500 | $727,500 | $4,719/mo |
| 5% | $37,500 | $712,500 | $4,621/mo |
| 10% | $75,000 | $675,000 | $4,378/mo |
| 20% | $150,000 | $600,000 | $3,892/mo |
Not sure which down payment is right for you?
Ajay will help you structure the right down payment strategy for your situation.
These tools are for estimate and education purposes only. They do not represent a loan approval, locked interest rate, final payment, or commitment to lend. Actual eligibility and payment depend on credit, income, assets, debts, property type, loan program, market conditions, and final underwriting approval.
Ready to Move Forward?
Found the Right Down Payment? Let's Get You Approved.
Ajay will help you structure the right down payment strategy for your income, loan program, and goals.
These tools are for estimate and education purposes only. They do not represent a loan approval, locked interest rate, final payment, or commitment to lend. Actual eligibility and payment depend on credit, income, assets, debts, property type, loan program, market conditions, and final underwriting approval.