Down and Monthly Payments

Below is a quick glance graph to help you decide size and price

Based on a 6% interest rate 30year fixed mortgage First time homebuyer Conventional Loan

House price Down Payment Monthly Payment

100,000 $ 6000 $ 800

200,000 $ 12,000 $ 1,600

300,000 $ 18,000 $ 2,400

400,000 $ 24,000 $ 3,200

500,000 $ 30,000 $ 4,000

600,000 $ 36,000 $ 4,800

700,000 $ 42,000 $ 5,600

800,000 $ 48,000 $ 6,400

900,000 $ 56,000 $ 7,200

1,000,000 $ 62,000 $ 8,000

This graph is a simple basic illustration to give a general idea of the costs. Some people it will be lower or higher.

To get a exact cost you have to find the house and get a offer excepted and have a loan approved based on for price of the house what.

Also the taxes, insurance and all other fees based on where the house is.

Your credit and income also is a important factor.

Go quick links below for additional information

Buying a home

Need a loan

Current Interest rates

Selling your Home