Down Payment Calculator
Work the down-payment equation from any direction: how much house your upfront cash buys, how much cash a given home price needs, or what down-payment percentage your price and cash imply — with closing costs and the resulting mortgage payment included.
TheCalculators — Down Payment Calculator
Printed thecalculators.com
Affordable Home Price
$434,783
$86,957 down + $13,043 closing · loan $347,826
- Home Price
- $434,783
- Down Payment
- $86,957
- Down Payment %
- 20.0%
- Closing Costs
- $13,043
- Loan Amount
- $347,826
- Monthly P&I
- $2,265.71
Purchase funding breakdown
- Down Payment$86,957
- Closing Costs$13,043
- Financed (Loan)$347,826
20%+ down eliminates PMI and usually earns a better rate — but keep an emergency fund after closing.
Most useful next
Formula
Cash = Price × (down% + closing%); Loan = Price − Down; Payment = P·r(1+r)^n/((1+r)^n−1)
Pro tips
- • Funds can come from savings, gifts (with a gift letter), IRA first-home withdrawals ($10k lifetime), or a 401(k) loan.
- • A piggyback 80-10-10 structure can avoid PMI with only 10% down.
- • Budget 2–5% of the price for closing costs on top of the down payment.
FAQ
Related Calculators
More Finance tools you might need.
Mortgage Calculator
Estimate monthly mortgage payments with taxes, insurance and full amortization schedule.
CalculateHouse Affordability Calculator
How much house you can afford — by income & DTI rules or by a fixed monthly housing budget.
CalculateFHA Loan Calculator
FHA mortgage payments including 1.75% upfront MIP and annual MIP with duration rules.
CalculateRent Vs. Buy Calculator
Find the break-even staying length where buying a home becomes cheaper than renting the equivalent.
Calculate