Use the Upfront Cash Available
If the amount of upfront cash available and down payment percentages are known, use the calculator below to calculate an estimate for an affordable home price.
Home Price: $416,667
| Home Price | $416,667 |
| Down Payment | $83,333 |
| Closing Costs | $16,667 |
| Loan amount | $333,333 |
| Monthly payment | $2,113 |
Results for other possible down payment percentages
Down Payment
Percentages |
3.5% (FHA) |
5% |
10% |
15% |
20% |
| Home Price |
$1,333,333 |
$1,111,111 |
$714,286 |
$526,316 |
$416,667 |
| Down Payment |
$46,667 |
$55,556 |
$71,429 |
$78,947 |
$83,333 |
| Closing Costs |
$53,333 |
$44,444 |
$28,571 |
$21,053 |
$16,667 |
| Loan amount |
$1,286,667 |
$1,055,556 |
$642,857 |
$447,368 |
$333,333 |
| Monthly payment |
$8,156 |
$6,691 |
$4,075 |
$2,836 |
$2,113 |
Use the Home Price
If the home price and down payment percentages are known, use the calculator below to calculate an estimate for an amount needed in cash available for upfront costs.
Cash Needed: $115,000
| Down Payment | $100,000 |
| Closing Costs | $15,000 |
| Down Payment + Closing Costs | $115,000 |
| Loan amount | $400,000 |
| Monthly payment | $2,536 |
Results for other possible down payment percentages
Down Payment
Percentages |
3.5% (FHA) |
5% |
10% |
15% |
20% |
| Cash Needed |
$32,500 |
$40,000 |
$65,000 |
$90,000 |
$115,000 |
| Down Payment |
$17,500 |
$25,000 |
$50,000 |
$75,000 |
$100,000 |
| Closing Costs |
$15,000 |
$15,000 |
$15,000 |
$15,000 |
$15,000 |
| Loan amount< |
$482,500 |
$475,000 |
$450,000 |
$425,000 |
$400,000 |
| Monthly payment |
$3,059 |
$3,011 |
$2,853 |
$2,694 |
$2,536 |
Use the Home Price and Upfront Cash Available
If the home price and amount of upfront cash available are known, use the calculator below to calculate an estimate for a down payment percentage.
Down Payment: 17.0%
| Down Payment | $85,000 |
| Down Payment Percentage | 17.0% |
| Closing Costs | $15,000 |
| Loan amount | $415,000 |
| Monthly payment | $2,631 |
Since the down payment is less than 20%, most probably you will be asked to pay PMI Insurance or mortgage insurance premium.
