Down Payment Calculator
Fill in the values and the answer updates as you type.
How the Down Payment Calculator works
Down payment = price × percent ÷ 100. Closing costs are a percentage of the price, commonly 2 to 5 percent. Total cash = down payment + closing costs + moving and setup costs. Loan amount = price − down payment. Conventional loans with less than 20 percent down usually add private mortgage insurance, and some loan programs have their own rules. Example: On a $400,000 home with 20 percent down, 3 percent closing costs, and $2,500 for moving, you need $80,000 for the down payment, $12,000 for closing, and $94,500 in total.
Inputs and results
The Down Payment Calculator takes 4 inputs and gives 5 results.
What you enter
- Home price ($) — starts at 400000.
- Down payment (%) — starts at 20.
- Closing costs (% of price) — starts at 3.
- Moving and setup costs ($) — starts at 2500.
What you get
- Total cash needed
- Down payment
- Closing costs
- Loan amount
- Mortgage insurance
Example: Down Payment Calculator with the starting values
With home price 400000 $, down payment 20 %, closing costs 3 % of price and moving and setup costs 2500 $, the calculator returns:
| Total cash needed | $94,500 |
|---|---|
| Down payment | $80,000 |
| Closing costs | $12,000 |
| Loan amount | $320,000 |
| Mortgage insurance | Usually not required |
Change any value above and the results update straight away.
Down Payment Calculator FAQ
How do I use the Down Payment Calculator?
Enter home price, down payment, closing costs and moving and setup costs in the fields, then read total cash needed, down payment, closing costs and loan amount in the result panel. The answer updates as you type, and you can press Calculate or Enter to refresh it. Use “Copy link” to share your exact numbers with someone else.
What does the Down Payment Calculator calculate?
Down payment, closing costs, and total cash needed to buy a home. It returns total cash needed, down payment, closing costs and loan amount from the 4 values you provide.
What values does the Down Payment Calculator start with?
It opens with home price 400000 $, down payment 20 %, closing costs 3 % of price and moving and setup costs 2500 $ so you can see a working result straight away. Replace them with your own numbers, or press Reset to return to these starting values.
Is the Down Payment Calculator free and private?
Yes. It is free, needs no account, and runs in your browser, so nothing you type is sent to or stored on our servers. See the Privacy Policy for details.
Can I rely on the Down Payment Calculator for financial decisions?
Treat the result as a well-rounded estimate. Real situations often have details a general calculator cannot know, so confirm financial decisions with a qualified professional. See the Disclaimer for more.