Dream Simple DPA
$28,000
3.5% of purchase price
First Mortgage
$772,000
96.5% of purchase price (FHA)
Your Cash for Down Payment
$0
DPA covers your minimum
Cap binding. 3.5% of your purchase price exceeds Dream Simple's $45,000 cap. Your DPA is capped at $45,000; you would need to bring the remainder of your down payment yourself if your first mortgage requires more than $45,000 down.
First mortgage
Dream Simple DPA
Your cash
This is an estimate, not a commitment. Your actual Dream Simple amount is sized at underwriting and depends on your first mortgage program, combined loan-to-value limits, capital partner availability, and Dream Home Fund's program guidelines at the time of application. Estimates here do not include closing costs, prepaid items, reserves, or the $500 Dream Home Fund Program Administration Fee. Dream Simple is available upon HUD-Approved Nonprofit Roster approval. Equal Housing Opportunity.