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Down Payment Calculator

Calculate how much down payment you need and how long to save for your home purchase.

% custom
Down Payment Needed
Still Need to Save
Months to Goal
PMI Status
Est. Closing Costs
Total Upfront Costs
PMI Required: Down payment is below 20%. PMI typically costs 0.5%โ€“1.5% of the loan amount annually (~$/mo estimated). To avoid PMI, save $ more.
No PMI: Your down payment of % meets or exceeds the 20% threshold. You will avoid private mortgage insurance.

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