Down Payment Calculator
Calculate the down payment amount and resulting loan amount for a home purchase.
Calculate
Enter your values below.
Result
Down payment amount
0
Resulting loan amount
0
Formula used
Down payment = Home price × Percent ÷ 100
Example: $350,000 home, 20% down → down payment = $70,000, loan = $280,000.
How to use this calculator
- Enter Home price, Down payment (%).
- Press Calculate to see your result instantly.
FAQ
Frequently asked questions
What is a typical down payment percentage?
It varies widely by loan program and lender, commonly ranging from 3% to 20% or more.
Does a bigger down payment always help?
Generally yes — it lowers your loan amount, monthly payment, and total interest, and may help you avoid mortgage insurance.
Can the down payment be 0%?
Yes, some loan programs allow it, though most require some down payment.
How is loan amount calculated here?
Simply the home price minus the down payment amount.