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Calculate Down Payment
Calculate Down Payment
What is the most cost effective use of your available funds - putting money toward a large down payment or funneling savings into an alternative investment? Use this calculator to run the numbers.
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Loan Information
Total funds available:
(Use the worksheet to help you determine how much you have available to put down or enter an amount here.)
Purchase Price:
Appraised Value:
Interest Rate:
(percentage)
Loan Term:
(years)
30
25
20
15
10
Annual Property Tax:
Annual Homeowners Insurance:
Discount Points:
(percentage)
Origination Fee:
(percentage)
Other Closing Costs:
Federal Tax Rate:
15%
28%
31%
36%
39.6%
Earnings rate on savings:
(percentage)
Years To Compare:
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