How much should I put down?
This sketch
- Down payment
- $22,500
- Loan amount
- $427,500
- PMI / month
- $196
- Housing payment
- $3,451
- Housing without PMI
- $3,255
- Extra cash to reach 20%
- $67,500
What this sketch assumes
- Conventional PMI is modeled only below 20% down, at 0.55% of the loan per year — a mid-range sketch, not a quote. FHA uses MIP; VA may have a funding fee instead.
- Cash to 20% is the extra down payment to drop this PMI sketch, not cash to close.
Estimates only — not a lock or a Loan Estimate. This site does not pull credit. Disclosures
Sketches only. Let's price YOUR home.
Sketches only. Let's price YOUR home.
We'll price the home, your credit, and how you earn. Talk to me — then apply when you're ready.