Down Payment Calculator
Calculate the required down payment, estimated loan amount, savings gap, and saved percentage.
Required Down Payment
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Estimated Loan Amount
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Savings Gap
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Current Down Payment Saved
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Guide
How it works
Use this calculator to estimate the down payment needed for a home purchase.
What this calculator does
The down payment calculator estimates required down payment, loan amount, savings gap, and current saved percentage.
Down Payment Formula
Required Down Payment = Home Price x Down Payment Percentage
Example calculation
For a 400,000 home and 20% down payment target, the required down payment is 80,000.
When to use this calculator
- planning a home purchase
- checking a savings target
- estimating loan amount
- comparing down payment percentages
FAQs
Do I always need 20% down?
No. Loan programs vary, but less than 20% down may require PMI.
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