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A down payment calculator determines how much to save and how long it will take to reach a down payment goal for a home purchase. Conventional loans require 3–20% down; FHA loans require 3.5%. Putting down less than 20% requires PMI (private mortgage insurance) costing 0.5–1.5% of the loan annually.

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Exemplos resolvidos

Entrada

Standard input

Resultado

Computed result

Formula application

Erros comuns a evitar

✕Measurement errors
✕Wrong assumptions

Perguntas frequentes

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