How Much of a Down Payment Do I Need?
Loan Information
Sales Price of Home
Down Payment Percentage	%
Estimated Interest Rate	%
Discount Points Paid at Closing	%
Mortgage Term

Additonal Expenses
Estimated Annual Property Taxes
Estimated Annual Homeowners Insurance


Mortgage Results
Mortgage Amount
Down Payment Amount
Discount Points
Closing Costs
Prepaids
Total Cash

Monthly Payments
Monthly Principal & Interest Payment
Estimated Monthly Property Tax Payment
Estimated Monthly Insurance Payment
Total Estimated Monthly Payment
Estimated APR	%
DISCLAIMER: The prequalification figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.

For information purposes only and is not a commitment to lend as defined by Regulation Z, Section 226.2. Programs, rates, terms and conditions are subject to change at any time. Availability dependent upon approved credit and documentation level, acceptable appraisal, and market conditions. Residential Mortgage Services, Inc. is a Maine Corporation headquartered at 24 Christopher Toppi Drive, South Portland, ME 04106. NMLS ID# 1760; ME Supervised Lender License No. SLM2537; Licensed by the New Hampshire Banking Department, NH Mortgage Banker License No. 8816-MB; MA Mortgage Lender License No. MC1760; MA Mortgage Broker License No. MC1760; CT Mortgage Correspondent Lender License No. 14352; RI Lender License No. 20092626LL; RI Loan Broker License No. 20122931LB; Licensed Mortgage Banker - New York State Department of Financial Services, NY Mortgage Banker License No. B500942; FL Mortgage Lender License No. MLD232
Toll Free: 800-640-0753 | Mortgage CRM | Webmail | Security Statement | Privacy |

How Much of a Down Payment Do I Need?