Determine Your Ideal Down Payment: How Much Should You Contribute?
Utilize Homevaluated’s Down Payment Calculator to estimate your ideal contribution and discover the most suitable loan options tailored to your needs.
Where are you looking to buy?
What’s the home’s value?
What’s your credit score?
Estimated down payment options for a home
price of $250,000
Disclaimer: This down payment calculator provides an estimate of
costs that are meant for educational purposes only; our calculation is not a guarantee and is
based on the information you’ve entered. We base this estimate on a 30-year fixed mortgage.
FHA Loan$8,750
Down payment 3.5%Mortgage amount $241,250
Conventional Loan$12,500
Down payment 5%Mortgage amount $237,500
Conventional Loan$50,000
Note: If
you choose to make a down payment of less than 20%, you may be required to pay for mortgage
insurance, depending on your loan program and lender.
Down payment 20%Mortgage amount $200,000