Employee contributions are paid through payroll deductions. Please see the current State Disability Insurance Withholding Rate on the Tax Rate and Withholding Schedules. The SDI Withholding Rate for 2016 is 0.9 percent. The SDI taxable wage limit is $106,742 per employee for calendar year 2016. The maximum to withhold for each employee is $960.68. Employers who have questions about the contribution rate should contact their local Employment Tax Office.
The difference between closing costs and down payment doesn't really affect the bottom-line dollar amount that's needed at the closing table. After the escrow officer tallies up the buyer's debits and credits on the HUD-1 Settlement Sheet, there will only be one check to bring in when it's time to sign escrow papers.
They closed on a 3-bedroom, 1-bathroom home just outside Boston for $340,000 in January. But that price didn't include a host of other of costs, such as $4,000 in closing fees and $700 for a home inspection. And before even considering such details, find out whether the mortgage down payment is a deal breaker; lenders are requiring more money upfront as they tighten standards.