For buyers · 3 of 8
What you pay
What goes into your monthly payment, what you bring to closing, and what you take care of as the homeowner.
In ten seconds
- Each month you pay the loan, insurance, taxes, and a program fee.
- Your payment can change when taxes or insurance change.
- Maintenance and repairs are yours, like any homeowner.
3.5%
of the price is the minimum down payment. Your loan officer gives you the exact closing costs.
Run your own numbers
Put in a real home price and see an estimate of your monthly payment.
Your estimated monthly payment
$4,020
- Principal and interest, 40-year schedule
- $3,183.46
- Mortgage insurance
- $199.03
- Property taxes (estimated)
- $412.50
Are you a loan officer, agent, or lender? See the full detail →
Get connected
Every application goes to an EEP-certified loan originator.