Down Payment Calculator

Use this free down payment calculator to estimate down payment amount, loan amount, loan-to-value, closing costs, and total cash needed.

All tools

Formula steps Estimate limits shown Examples included Private history

Home price ($)Down payment amount ($, optional)Down payment percent (%)Closing cost estimate (%)

Estimated cash needed$92,000.00

20% down on $400,000

Down payment: $80,000.00
Loan amount: $320,000.00
Loan-to-value: 80%
Closing cost estimate: $12,000.00

Formula steps

Use exact down payment if entered, otherwise multiply price by down payment percent.
Subtract down payment from home price for estimated loan amount.
Add estimated closing costs to down payment for cash needed.

How to use the down payment calculator

Enter the requested dollar amounts, rates, terms, tax settings, or contribution details.
Use rates as percentages, such as 6.5 for 6.5%, and check whether a field asks for a monthly or annual amount.
Press the calculate button to see the answer, supporting metrics, and formula steps.
Use the result as a planning estimate only, then copy it if the assumptions look right.

Common uses

Estimate cash needed for a home purchase.

Compare 20%, 10%, 5%, and 3.5% down payment scenarios.

See loan-to-value from the down payment.

Add a rough closing cost percentage.

Examples

20% down $400,000 home and 20% down

Cash needed estimate

3.5% down $325,000 home and 3.5% down

FHA-style cash screen

Exact cash $50,000 exact down payment

Loan amount and LTV

Frequently asked questions

Plain-language answers about when to use the estimate, what your numbers mean, what is left out, and how privacy works.

When should I use the Down Payment Calculator?

Use it for early planning and side-by-side comparisons, especially for tasks like these: Estimate cash needed for a home purchase. Compare 20%, 10%, 5%, and 3.5% down payment scenarios. Treat the answer as a planning estimate, not a final quote.

What is the Down Payment Calculator doing with my numbers?

In plain language: The calculator uses an exact down payment if entered, otherwise multiplies home price by down payment percent, then adds estimated closing costs. If the result seems too high or too low, first check whether each field expects a monthly amount, annual amount, dollar value, or percent.

What does this estimate leave out?

This does not include lender reserves, assistance programs, seller credits, escrow deposits, mortgage insurance rules, or official cash-to-close disclosures. Real finance decisions can also depend on fees, timing, local rules, credit details, and provider-specific terms.

Does the site save my finance inputs?

No. The calculator runs in your browser tab. Recent answers stay only on the page while you use it, and they are not sent to a server.