Money calculators
Home Down Payment Calculator
Calculate a home down payment in dollars from a purchase price and percentage.
Convert a percentage down payment into dollars and see the approximate amount left to finance before closing costs or other fees.
Purchase price versus loan amount
The down payment reduces the amount financed. A $400,000 home with a 10% down payment means $40,000 down and roughly $360,000 financed before other adjustments.
Closing costs are separate
Appraisal, lender fees, title charges, prepaid taxes or insurance, and other closing costs may require additional cash.
Loan programs differ
Minimum down-payment rules, mortgage insurance, eligibility, and pricing vary by loan type and borrower. This tool does not determine eligibility.
Frequently asked questions
Does 20% down always avoid mortgage insurance?Not in every situation or loan program. Verify with a lender.
Does this include closing costs?No.
Can I enter 0%?Yes, for comparison purposes.