Larger down payment
estimated value after the comparison period
- Starting equity
- Interest avoided
- PMI avoided
Housing decision
Down payment or investment?
Compare the potential value of putting extra cash into a home with investing that same amount. Add any monthly private mortgage insurance (PMI) you expect the larger down payment to eliminate.
Your comparison will appear here
Fill in the four required fields to compare the two paths.
Estimated outcome
estimated difference
Invest the cash
estimated account value after the comparison period
- Amount invested
- Investment growth
- Assumed return
Explain these results
How this estimate works: The down-payment path treats the extra cash as immediate home equity, compounds the avoided mortgage interest monthly, and adds the PMI entered for each month. The investment path compounds the same cash monthly at your expected return. It does not include taxes, fees, changing property values, investment volatility, mortgage payoff timing, or the possible investment of monthly savings.