Down Payment Calculator
Work out your home down payment and the loan amount from the price and a percentage down.
DISCLAIMER: This calculator provides estimates for general informational and educational purposes only and is not financial, investment, tax, or legal advice. Results are approximate and may not reflect your actual situation, fees, taxes, or current rates. Consult a qualified professional before making financial decisions.
What Is the Down Payment Calculator?
The Down Payment Calculator turns a home price and a down-payment percentage into the dollar amount you'll need up front and the loan amount remaining. It also flags when you're below the 20% threshold where PMI usually applies. Runs in your browser.
How It Works
Enter the home price and pick or type a down-payment percentage. The down payment and remaining loan amount update instantly.
When to Use It
Use it when saving for a home, comparing how much to put down, or seeing whether you'll need private mortgage insurance.
Frequently Asked Questions
- What is PMI?
- Private mortgage insurance is usually required when your down payment is under 20% on a conventional loan. It protects the lender and adds to your monthly cost until you build enough equity.
- How much should I put down?
- More down means a smaller loan and lower payments, and 20% typically avoids PMI — but keep enough cash for emergencies and closing costs.
Last reviewed: 2026-06-27