Down Payment Calculator
Calculate the required down payment, estimated loan amount, savings gap, and saved percentage.
- Last reviewed
- July 8, 2026
- Cost
- Free to use
- Data
- Runs in your browser
Required Down Payment
Enter valid inputs
Estimated Loan Amount
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Savings Gap
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Current Down Payment Saved
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Methodology
How this calculator handles inputs
This calculator uses the values you enter above and applies the formula explained in the guide below. Results update in the browser and are intended for quick planning, comparison, and sanity-checking.
- Use consistent periods, currencies, and units across inputs.
- Review any assumptions before using the result in a decision.
- Recalculate when rates, prices, tax rules, or business terms change.
Important note
This tool provides general planning information only. It is not tax, legal, financial, accounting, or investment advice. Check the current rules for your location and speak with a qualified professional before making a high-stakes decision.
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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