HOMEstead Down payment and Closing Cost Assistance Loan Program This Pennsylvania down payment program offers an interest free second mortgage toward your Pennsylvania down payment and/or closing costs. The minimum loan amount is $1,000. The maximum is $10,000. This loan will be forgiven at a pace of 20 percent per year for five years. After that, the loan need not be repaid. A 1 percent fee that the program charges can be financed by the HOMEstead loan.