Are You Ready To Get Pre-approved?

Reach Your Down Payment Goals With Confidence

How Do I Save for a Larger Down Payment?

For many people, saving for a down payment is one of the many barriers to buying a home. Some loans require a down payment of 5% to 20% of the price of the home—which can be a big chunk of change.

Save Money With a Larger Down Payment

  • Lowers your monthly payment
  • 20% down relieves the need for Private Mortgage Insurance (PMI)
  • Helps to qualify for a lower rate

Set a Goal To Get Started Saving

  • Begin saving for 5%-20% of the price range of your new home
  • Break your savings down into manageable monthly amounts

Find Extra Money by Cutting Down on Spending

  • Hold off on buying new clothes, eating out and gym memberships
  • Check for less expensive cable, internet and cell phone plans
  • Set automatic transfer to a dedicated savings account

See How Much You Can Afford

Calculators are provided for educational and informational purposes only. Estimates and other information generated is deemed reliable, but is not guaranteed.

What if I Don’t Have a Large Down Payment?

Take a good look at your budget and find expenses to cut out or cut back or talk with a financial advisor to discuss alternate down payment options. You can also consider a lower down payment option with a Fannie Mae, Freddie Mac or government backed VA and FHA loan.

Talk with a PNC Loan Officer

I’m Serious About House Hunting. Now What?

Getting  Pre-approved by a Mortgage Lender Is a Smart Move

A pre-approval helps you:

  • Feel confident in a firm lending commitment.
  • Show sellers and agents you’re serious.
  • Narrow down your home search to your price range.
  • Budget knowing what your monthly payments will be.

Getting a Pre-approval From PNC Is Now Easier

Start the Application Online

Start a preapproval online, on any device. You will need to provide basic info about you, co-borrowers, if applicable, and details about your borrowing needs.

The Support You Need

Just because you're completing initial steps online, doesn't mean you're on your own. You'll be connected to a Mortgage Loan Officer who will answer any questions and help guide you through the process

Reliability of PNC

Have peace of mind knowing that you're working with one of the largest financial services institutions in the United States. At PNC, we strive to provide a great customer experience

Home Insight© Planner

Find a Home in Your Budget

Use Home Insight Planner to find a home that fits your budget and needs:

  • See what you can afford with home affordability scenarios based on your actual budget information.
  • Get a clear view of your spending habits and adjust your expenses so you can find a home payment that works for you. 
  • Search for homes within your budget and save the ones you like as part of your customized home affordability summary. 
  • See real-time mortgage rates and learn which mortgage products can make homeownership a reality.

Mortgage Calculators

Comparing loan options? Just looking for how much you can borrow? Use our home lending calculators to understand your options.

How Much Can I Afford?

How Much Should I Put Down on a New Home?

How much will my fixed rate mortgage payment be?

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