Financial
Down Payment Calculator
Solve for down payment amount, percentage, or affordable home price.
Inputs
Down Payment Calculator
Result
Home price
$400,000.00
- Down payment
- $80,000.00
- Down payment %
- 20.00%
- Loan amount
- $320,000.00
- Est. closing costs (3%)
- $12,000.00
- Total cash needed
- $92,000.00
How it's calculated
down = price × %; price = amount / %; loan = price − down
Common questions
Why does 20% down matter?
Below 20% conventional loans require PMI. 20% also gets better rates and lower monthly payments.
Are closing costs really 3%?
2–5% is typical. Lender fees, title, escrow, and recording drive the range; VA and FHA may add funding/upfront fees.
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