Down Payment Calculator

How much should you put down on a home? Compare different down payment scenarios.

🏠

Down Payment

Enter the home price and see different down payment scenarios.

Down payment amount
$0
Monthly payment: $0
Loan amount
$0
Monthly payment
$0
LTV ratio
0%
PMI needed?
No

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Home price ($)$400,000
Down payment (%)20%
Interest rate (%)6.5%
ResultValue
Down payment amount$80,000
Loan amount$320,000
Monthly payment$2,023
LTV ratio80.0%
PMI needed?No

Values shown are produced by this page in your browser; change any input to update them.

How to use the Down Payment

  1. Home price ($) — default $400,000
  2. Down payment (%) — default 20%
  3. Interest rate (%) — default 6.5%
  4. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references