5% vs. 20% Down Comparison
See the tradeoff between cash retained, monthly payment, and illustrative mortgage insurance assumptions.
Your scenario
5% vs. 10% vs. 20% down
| Down payment | Cash down | Loan amount | Est. P&I | Est. mortgage insurance | Est. total payment |
|---|---|---|---|---|---|
| 5% | $20,000 | $380,000 | $2,402 | $269 | $2,671 |
| 10% | $40,000 | $360,000 | $2,275 | $150 | $2,425 |
| 20% | $80,000 | $320,000 | $2,023 | — | $2,023 |
This is an illustrative estimate, not a loan offer or approval.
Results are based on the assumptions entered above and general educational math. They do not represent a rate quote, a credit decision, or a guarantee that you will qualify for any loan amount or program. Actual eligibility, pricing, and terms require a full application and lender review.
- Mortgage insurance is a simplified illustrative estimate and varies by loan program, credit, and insurer.
- This compares payment structure only — it doesn't account for what else that extra cash could do for you (reserves, investments, other goals).
Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.