Description
Down Pay Calc instantly compares down payment options for FHA, VA, and Conventional loans - perfect for first-time home buyers and veterans.
WONDERING HOW MUCH DOWN PAYMENT YOU NEED?
Different loan types have different requirements. Our calculator shows you all options side-by-side so you can choose the best fit for your budget.
LOAN TYPES COMPARED:
• VA Loan: 0% down for eligible veterans
• FHA Loan: 3.5% down (or 10% with lower credit)
• Conventional: 3%, 5%, 10%, or 20% down
KEY FEATURES:
• Compare all loan types instantly
• See PMI/MIP costs for each option
• Calculate total cash needed at closing
• Credit score impact on FHA requirements
• VA eligibility toggle for veterans
• Works offline - no account needed
WHAT YOU'LL LEARN:
• Exact down payment amount for each loan type
• Monthly mortgage insurance costs
• Which option requires the least cash upfront
• How credit score affects your options
PERFECT FOR:
• First-time home buyers
• Veterans and active military
• Anyone comparing mortgage options
• Low down payment seekers
UNDERSTANDING THE COSTS:
• PMI (Private Mortgage Insurance): Required for conventional loans under 20% down
• MIP (Mortgage Insurance Premium): Required for all FHA loans
• VA Funding Fee: One-time fee for VA loans (can be financed)
No sign-up required. No data collected. Just clear, honest comparisons.
Download now and find your path to homeownership!