Fannie Mae Foundation logo

 

Note to the teacher:
When students first apply for a mortgage, they will be asked to list all their sources of income that can be used toward the down payment. With this handout, students can identify how much money they have and from where that money will come.

 
Tools for Teachers

Handout: Putting Together a Down Payment

Shelley Emmer, New York Association for New Immigrants, New York, NY


Source Amount
Savings $________
Cash in securities or valuables $________
Borrowed funds
(from insurance or pension)		 $________
Parents, relatives, or friends $________
Other $________
  $________
  $________
TOTAL $________

Previous Page | Next Page