Your real New York affordability, the HPD HomeFirst Down Payment Assistance match, and a step-by-step plan — in 30 seconds. No email required.
Calculate your New York number — free →Up to $100,000 toward down payment or closing costs in NYC's five boroughs.
Official New York program page →New York's main statewide option is the HPD HomeFirst Down Payment Assistance — Up to $100,000 toward down payment or closing costs in NYC's five boroughs. It is a forgivable loan. Cities and counties in New York often add their own programs on top.
It depends on your income, debts and credit — the calculator applies the FHA 31%/43% DTI rule to estimate your price, then shows how much of your down-payment gap the HPD HomeFirst Down Payment Assistance could cover. Most buyers pair it with a 3% conventional or 3.5% FHA down payment.
Many state programs set a 620 minimum credit score alongside income limits based on area median income. Requirements are set by the agency — verify current terms on the official HPD HomeFirst Down Payment Assistance page before applying.