Minimum down payment
$300,000.00
You are $200,000.00 short of the minimum down payment.
Your results
- minimum Percent
- 20.00
- loan Amount
- $1,200,000.00
- ltv Percent
- 80.00
- insured Eligible
- No
- requires Uninsured
- Yes
- available Down Payment
- $100,000.00
- breakdown
- label
- Entire purchase @ 20%
- amount
- $300,000.00
- rate Percent
- 20.00
- notes
- Homes at or above $1,500,000 are uninsured; lenders require 20% down.
- You are short $200000.00 to meet the minimum.
Scenario inputs
- purchase Price
- $1,500,000.00
- available Down Payment
- $100,000.00
- occupancy
- OWNER_OCCUPIED
Educational estimate only. Rates, qualification, taxes, fees, and lender policy can change; confirm a live file with a licensed mortgage broker.