Adjust the down payment in dollars or percent and watch the loan amount, monthly payment, PMI, and total interest update live. Find the down payment that clears 20% and drops PMI.
20% avoids PMI and lowers your payment, but many buyers put down less to preserve cash. This tool shows the exact trade-off in monthly cost and total interest.
It can — a lower loan-to-value is less risky to lenders and sometimes earns a better rate, on top of reducing the amount you borrow.