The required down-payment can vary depending on what type of loan you are using. Some government backed loans, such as USDA and FHA will allow for 0%-3.5% down, while traditional, conventional loans often require up to 20% down.
It is important to remember that this is just an estimate. To obtain a full understanding of your payment, you should contact a lender.
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Results from this mortgage calculator are intended for comparative purposes only and accuracy is not guaranteed. Using this calculator does not pre-qualify you for a loan. To qualify for a loan you must contact a financial institution.