Your real Tennessee affordability, the THDA Great Choice Plus Down Payment Assistance match, and a step-by-step plan — in 30 seconds. No email required.
Calculate your Tennessee number — free →The THDA Great Choice Plus Down Payment Assistance is Tennessee's flagship statewide down payment assistance, administered by the state housing finance agency (deferred or amortizing second). Current amounts, income limits and credit requirements are set by the agency — confirm them on the official program page. Cities and counties in Tennessee often add their own programs on top.
Official Tennessee program page →Tennessee's main statewide option is the THDA Great Choice Plus Down Payment Assistance — deferred or amortizing second administered by the state housing finance agency. Many cities and counties in Tennessee add their own programs on top, so it is worth checking all three levels.
It depends on your income, debts and credit. The calculator applies the FHA 31%/43% debt-to-income rule to estimate your price, then shows how much of your down-payment gap Tennessee 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. Exact requirements are set by the agency — verify current terms on the official THDA Great Choice Plus Down Payment Assistance page before applying.