Down Payment Calculator
Calculate your home down payment and remaining loan amount from the home price and down payment percent. Free and accurate.
Calculator by Toolsloft ↗- Down payment
- $70,000.00
- Loan amount
- $280,000.00
This calculator splits a home purchase into the cash you put down and the amount you finance, based on the price and your chosen down payment percent. Use it to size your upfront cash before house hunting or to see how a 20 percent target changes the loan you carry.
How this is calculated
The down payment equals home price times down payment percent divided by 100, and the loan amount is the home price minus that down payment.
How to use
- Enter the home price.
- Enter the down payment as a percent of the price.
- Read the down payment amount and the resulting loan amount.
Examples
- $350,000 at 20%:
down $70,000 → loan $280,000 - 0% down:
$350,000 → loan $350,000
FAQ
- How is the down payment calculated?
- Down payment = home price × down payment percent ÷ 100.
- What is the loan amount?
- The home price minus your down payment, the amount you need to borrow.
- How much should I put down?
- 20% is a common target to avoid private mortgage insurance, but many loans allow far less.