About Down Payment Calculator
Calculate down payment amounts for different loan types and understand how down payment size affects your mortgage terms, monthly payments, and overall costs.
Down Payment Tips
- 20% Down: Avoid PMI and get better rates
- FHA Loans: 3.5% minimum with 580+ credit score
- VA Loans: 0% down payment for eligible veterans
- USDA Loans: 0% down payment for rural areas
- PMI: Required for conventional loans with < 20% down
- Closing Costs: Additional 2-5% of home price