Home down payment calculator
Type the price and your down payment (as % or an amount). Add buying costs if you know them.
Result
60,000.00Down payment
- Down payment as % of price
- 20%
- To borrow
- 240,000.00
- Buying costs
- 9,000.00
- Cash needed (down payment + costs)
- 69,000.00
- Share of the price borrowed
- 80%
Inputs
- Home price
- 300000
- My down payment is a…
- Percentage
- Down payment
- 20
- Buying costs (optional)
- 3
How it is calculated
Down payment = price × percentage (or the amount typed).
Result
Down payment
- Down payment as % of price
- 20%
- To borrow
- 240,000.00
- Buying costs
- 9,000.00
How it is calculated
- Down payment = price × percentage (or the amount typed).
- To borrow = price − down payment.
- Cash needed = down payment + price × costs.
Example
300,000 with 20% down and 3% costs: down payment 60,000, borrow 240,000, cash needed 69,000.
Good to know
- There is no universal minimum down payment: it depends on the country, the lender and the loan type.
- Real costs depend on the country and the home.
Frequently asked questions
What is this tool used for?
Type the price and your down payment (as % or an amount). Add buying costs if you know them.
How is the result calculated?
Down payment = price × percentage (or the amount typed).
What should I check before using the result?
There is no universal minimum down payment: it depends on the country, the lender and the loan type.