From Rates to Savings: Pursue Your Dream Home | OneUnited Bank

Step 3 – Plug in The Numbers: You can estimate your monthly payments by punching your numbers in our calculator. Check out a complete and accurate fee quote for all the loan types that you may be eligible for.

Step 4 – Save, Save, Save: The more you have saved to put down on your home, the less you need to borrow from a lender. That means lower monthly payments and money saved throughout the loan. Saving makes a lot of money sense!

For instance, a 20% down payment of $60,000 on a $300,000 home could save tens of thousands in interest over 30 years compared to a 10% down payment.

The best way to save is to automate and separate! In your OneUnited Bank account, explore more on our AutoSave feature that automatically rounds up your change and deposits it into your savings. Saving in a dedicated account allows you to allocate funds for specific financial goals, with home down payment getting its own dedicated focus.