Calculate the down payment, loan amount, and monthly mortgage payment for a home price.
Down Payment Calculator
Financial
Inputs
How useful was this tool?
Enter the home price and the down payment percentage.
Enter the mortgage rate and term.
Click Calculate to see your down payment, loan, and monthly payment.
Down payment = price × percent. The remaining loan is amortized with the standard formula M = P·r / (1 − (1+r)^−n). Conventional loans with less than 20% down usually require private mortgage insurance (PMI).
No. Many loans allow 3–5% down, but under 20% usually adds PMI.