PMI will likely be required since your down payment is under 20%. Estimated ~0.5-1% of loan amount per year.
2
What Needs Work
+ Add custom item
$
Estimated repair cost$0
3
Total Cost
Home price$0
Est. closing costs (~3.5% · varies 2–6%)$0
Repair costs$0
Total cost of home$0
4
Cash Required
Down payment$0
Closing + repairs$0
House Fund available$0
5
Monthly Impact
Current housing cost$0
New estimated monthly$0
Difference$0
6
Budget Check
Monthly surplus (from Stash)$0
Cost increase$0
Remaining buffer$0
7
Closing Costs
Typically 0.5–1% of the loan amount
$
Typically $400–$800
$
Typically $1,000–$2,500 depending on home price
$
Typically $300–$600
$
Typically $500–$1,500 depending on state
$
Typically 2–3 months of property tax and insurance upfront
$
Since 2024, buyer's agent commissions are negotiable and no longer automatically covered by the seller. Many buyers pay 0–2.5%. Confirm the arrangement with your agent.
Ownable is a self-serve planning tool, not financial advice. Numbers are estimates to help you think — always verify with a licensed professional before making any decisions.