1 - Purchase Price:
Enter the Purchase Price from the Down Payment Calculator.

2 - Down Payment:
Enter the Down Payment percentage you are making. The Loan Amount and other numbers automatically recalculate if you change the purchase price or down payment percentage.

3 - Appraisal, Credit Report and Inspection Fees:
The Appraisal Fee, Credit Report Fee, and Inspection Fee default to $275.00, $65.00, and $175.00 (this is an estimated amount). You may change any or all of these entries.

4 - Closing Costs:
The Closing Costs are automatically calculated on 4% of the Purchase Price. This is a guessestimate only but includes documentary taxes, title insurance, intangible taxes, escrows for property taxes and insurance. Remember to increase this number if you are paying points on your loan.

5 - Moving-In Costs:
These include the moving van, deposits on electric and other services, purchase you will be making such as furniture, dishwasher, washing machine, dryer, etc. Enter the amount in Moving-In Costs.

6 - Calculate:
The values are updated as you tab from entry to entry.