We're excited to share a new tool for home buyers now available on our web site. The  Down Payment Assistance Calculator  allows home buyers to explore the down payment assistance grant amount and interest rate that works best for them. 

Users enter in a few pieces of information: the loan type, the desired interest rate (based on the grant assistance amount) and the home purchase price. Based on that information, the following results will appear: loan amount (including any applicable fees), TSAHC grant amount and the estimated monthly mortgage payment (principal and interest only).

Our goal with the calculator is to make sure home buyers have the knowledge to make educated home buying decisions. We encourage you to share this tool with home buyers and anyone you think would benefit from it.