what would a 400,000 morgage payment be
A down payment of less than 20% often requires PMI which will increase your monthly payment. For a $400,000 home, a 20% down payment would be $80,000.Home Purchasing Fees. The buyer of a home will usually be required to pay for an inspection, closing costs and other fees during the closing process.or a $400,000 home, a 20% down payment would be $80,000. Home Purchasing Fees. The buyer of a home will usually be required to pay for an inspection, closing costs and other fees during the closing process.