How to use the Mortgage Down Payment Calculator
Enter the home price and down payment and the result appears straight away. Everything runs in your browser, so nothing you type is uploaded.
How it works
Calculated from the inputs shown in this tool.
Examples
- 20% down on 400,000
Down payment: 80,000 Loan amount: 320,000
- 5% down on 325,000
Down payment: 16,250 Loan amount: 308,750
- 10% down on 650,000
Down payment: 65,000 Loan amount: 585,000
Limitations and assumptions
Confirm assumptions, units and applicable local rules before relying on results. Detailed content, accessibility and edge-case review remains ongoing.
Frequently asked questions
How much should I put down?
Twenty percent avoids private mortgage insurance on many loans, but lower down payments are common.
What else do I pay at closing?
Closing costs, taxes and insurance deposits are typically extra.
How does a bigger down payment help?
A smaller loan means lower monthly payments and less interest.
How do I find the loan-to-value?
Divide the loan amount by the price, or use the LTV calculator.