MONEY & FINANCE · FREE INTERACTIVE CALCULATOR
Down Payment Calculator
Convert a home price and down payment percentage into cash required and financed balance. Change the inputs below to calculate a result immediately. No account required.
Down payment
$80,000.00Estimated loan
$320,000.00How to calculate the answer
Down payment = price × percentage / 100; loan = price − down payment.
Worked example
A 20% down payment on $400,000 equals $80,000; the loan is $320,000.
For the example inputs shown above, the calculated results are:
| Down payment | $80,000.00 |
|---|---|
| Estimated loan | $320,000.00 |
How to interpret this result
Excludes closing costs, taxes, mortgage insurance and lender-specific minimums.
The initial figures are illustrative examples, not live quotations or historical data. You can change the inputs to model your own situation. Always verify information used for important financial, educational or property decisions.
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Frequently asked questions
How much should I put down?
It depends on the loan type, your savings and mortgage insurance rules. A larger down payment reduces the loan and interest.
What happens with less than 20% down?
Many lenders require mortgage insurance, which adds cost.
Does this include closing costs?
No. Use the closing costs calculator for those.
Sources and further reading
Last updated: . Results are estimates for information only and are not financial, medical or professional advice.