Down Payment Calculator

See your down payment in dollars and percent, the loan amount left to finance, and whether you clear the 20% mark that avoids mortgage insurance.

Plan the cash you need up front for a home. Enter the price and set your down payment as a dollar figure or a percent to see the loan amount left to finance and whether you clear the 20% mark that avoids PMI.

Read the guide: How Much Should You Put Down on a House?

Home purchase

Enter down payment as

Down payment

$80,000

20.0% of the price

Loan amount
$320,000
Avoids PMI (20%+)
Yes
To reach 20%
$0
Home price
$400,000

Putting 20% down typically removes private mortgage insurance (PMI). Estimates for planning only, not financial advice.

How it works

  1. 1

    Enter the home price

    Add the price of the home you are considering.

  2. 2

    Choose how to enter it

    Set the down payment as a percent or a dollar amount — whichever you know.

  3. 3

    Check the 20% line

    See the loan amount and whether you avoid PMI, plus what it takes to get there.

Instant & 100% private — nothing is uploaded

Every calculation runs locally in your browser. The income, balances and goals you enter stay on your own device and are never sent to a server — nothing is stored, logged or shared.

Frequently asked questions

Why does 20% down matter?
With at least 20% down, most lenders waive private mortgage insurance (PMI), an extra monthly cost. Below 20%, PMI typically applies until you build enough equity.
Is a bigger down payment always better?
A larger down payment lowers the loan and the monthly payment, but tying up too much cash can leave you short for moving costs and emergencies. It is a balance.
How much deposit do I need to buy a house?
There is no single figure. Many loans allow 3% to 5% down, but 20% avoids mortgage insurance and lowers the payment. Enter a price above to see the amount for any percentage.

Important

For information and planning only — not financial, tax or legal advice. These figures are estimates; rates, fees and rules vary, so confirm anything that affects a real decision with a qualified professional or the official source.

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