Worksheet To Calculate Downpayment With Partial Entitlement
| Step 1 - Maximum loan | Step 2 - Downpayment | |
| Sales Price $89,500 x 75% = $67,125 | Sales Price $89,500 | |
| Plus remaining Entitlement $18,000 | Loan amount - $85,125 | |
| Maximum loan $85,125 | $ 4,375 |
| Step 1 - Maximum loan |
| Sales Price $_____________ x 75% = $_____________ |
| Plus remaining Entitlement + $_____________ |
| Maximum loan amount $_____________ |
| Step 2 - Downpayment |
| Sales Price $_____________ |
| Less maximum loan - $_____________ |
| Downpayment = $_____________ |