FinanceFormula-based · Runs in your browser

Down Payment Calculator

Convert a down payment between money and percent, then estimate loan and cash needed.

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Inputs

Enter the values you know. Optional fields may be left empty.

Local save controls below
Required
$
Required
Required
Optional
%

Result

Updates as valid inputs change.

Calculated locally
Estimated cash needed
Down payment
Down payment percent
Estimated loan amount
Estimated closing costs

Saved locally, explained clearly

Drafts, calculations, scenarios, and workflow progress stay in this browser unless you export them.

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Calculation steps

Follow what happened from the selected formula to the displayed answer.

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Calculate current inputs to see the working.
  1. 1

    Formula selected

    The calculator uses the following formula or method.

    Loan amount = home price − down payment; cash needed = down payment + closing costs

  2. 2

    Values entered

    Your values are placed into the calculation.

    Enter values to see what is used in this step.

  3. 3

    Result calculated

    The formula or method produces the following result values.

    Results will appear after a successful calculation.

  4. 4

    Answer formatted

    Displayed values are rounded and formatted using each output’s configured precision.

Scenario comparison

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Recent calculations

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Data and privacy

How it works

Enter the down payment as a percentage or money amount. Closing costs are estimated separately.

Input query strings and outputs

Use an input name in this page’s URL as ?name=value, and join additional inputs with &. Portable shared links may instead use the compact ?ac= state parameter.

Input query strings

4
  • ?homePrice= Home price

    Money · Required · Default: 400,000

  • ?mode= Enter down payment as

    Choice · Required · Default: percent · Accepted values: percent, amount

  • ?downPaymentValue= Down payment value

    Number · Required · Default: 20

  • ?closingCostRate= Estimated closing costs

    Percentage · Optional · Default: 3

Outputs

5
  • cashNeeded Estimated cash needed

    Currency · Primary output

  • downPaymentAmount Down payment

    Currency

  • downPaymentPercent Down payment percent

    Percentage

  • loanAmount Estimated loan amount

    Currency

  • closingCosts Estimated closing costs

    Currency

Limits

Actual cash needed can include reserves, prepaid taxes, insurance, and lender fees.

Sources
Limitations
  • Estimates use the rates, timing, and assumptions entered. Fees, taxes, lender rules, and future changes are included only where explicitly shown.