Mortgage Down Payment Calculator USA Federal's Mortgage Down Payment Calculator will help you compare the benefits of different down payment options. For example, if you have high savings rate, you may want to make a lower down payment and keep the rest of money in the bank collecting interest. For most homebuyers it makes sense to make a higher down payment because it will result in lower monthly payments and less interest paid on the loan. Windows XP Users: If the calculator above does not appear you may need to install the free Java plug-in available here. |