Cardiff by the Sea

Down Payment Help

Down payment assistance program for 80% AMI:

Maximum gross income:

Family Size:

1- $44,250 5- $68,250

2- $50,550 6- $73,300

3- $56,900 7- $78,350

4- $63,200 8- $83,400

$45,000 silent second loan

3% of purchase price silent third loan

You must contribute at least 1% of the purchase price from your own funds.

(Gifts are allowed.)

Example: Family of 4 purchases a Condo for $350,000

Purchase Price: $350,000 Effective monthly payment

Silent 2nd $ 45,000 P&I $1634.00

Silent 3rd $ 10,500 Taxes $ 364.58

Borrower’s funds: $ 15,000 Hoa $ 277.00

MCC $ -268.33

First Mortgage: $280,000 $2007.25

Loan information is based on a 30 year fixed rate of 5.75% apr. 5.762%

Interest rates are subject to change.

Want to get pre-approved? Apply now

San Diego County program details