Price basis
Use the expected purchase price or offer price as the base for the calculation.
Financial & Home Buying
Down Payment Calculator
Estimate cash needed upfront, remaining loan amount, and equity share in a compact home-buying worksheet built for quick scenario comparison and export.
Your Input and Get Results
Results
Payment details
Purchase split
Formula
Loan & mortgage disclaimer
This calculator provides planning estimates only and does not constitute loan approval, financial advice, or a lender commitment.
- Actual cash to close may include taxes, escrow, insurance, inspections, reserves, and lender-specific fees.
- Loan program requirements and minimum down payments vary by lender, property type, location, and borrower profile.
- Use this tool for scenario planning, then confirm final numbers in official lender disclosures.
How this calculator works
The down payment calculator multiplies the home price by the selected down payment percentage to estimate upfront equity. It then subtracts that amount from the purchase price to show the remaining loan amount.
This simple split is useful because the down payment affects several major decisions at once: how much cash you need before closing, how much you may need to finance, and how much immediate equity you start with. Larger down payments generally reduce the loan amount, while smaller down payments preserve cash but may increase borrowing needs.
The model focuses on the core purchase split. It does not replace a full cash-to-close worksheet, because closing costs, escrow deposits, prepaid insurance, inspections, taxes, and lender fees can add materially to the cash needed at settlement.
Advanced options and standards
Use the same home price across scenarios and change only the down payment percentage when comparing 5%, 10%, 20%, or custom savings targets. This keeps the comparison clean and makes the tradeoff between cash upfront and financed balance easier to read.
Percent basis
The calculator converts the selected percentage into a cash down payment estimate.
Loan estimate
The remaining amount is the basic financed balance before lender fees or mortgage insurance.
Equity view
The down payment percentage is also the starting equity share before market value changes.
Planning workflow
- Enter target home price.
- Test several down payment percentages.
- Export the scenario for savings planning.
Decision boundary
Use the result as a savings target, then confirm full cash-to-close with your lender.
Advantages of using the calculator
Clear savings target
Turn a home price and percentage into a specific cash number you can plan toward.
Loan amount visibility
See how increasing the down payment reduces the amount likely to be financed.
Scenario comparison
Compare common down payment levels quickly without rebuilding a spreadsheet.
Offer planning
Adjust the purchase price to estimate how a higher or lower offer changes required cash.
Household alignment
Share a simple export so buyers can agree on realistic savings and purchase ranges.
Early lender prep
Arrive at lender conversations with a cleaner estimate of equity and financing needs.
How to read results
Down payment
This is the estimated upfront equity based on the entered home price and percentage.
Loan amount
This is the remaining purchase price after the down payment, before other costs or credits.
Equity share
This reflects the starting ownership percentage created by the down payment assumption.
Purchase split
The visual summary separates upfront cash from the amount still financed.
Real-world use cases
Percent vs cash down
Compare 10% and 20% down to understand the difference in cash needed and loan size.
Savings target
Estimate how much you need to save before shopping in a target price range.
Offer adjustment
Change the home price to see how a different offer affects upfront cash requirements.
Keywords
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Q&A
Is the down payment the same as cash to close?
No. Cash to close can include closing costs, escrow, prepaid items, and lender fees in addition to the down payment.
Does a larger down payment always help?
It can reduce the loan amount, but you should also preserve enough cash for reserves, moving costs, and emergencies.
Does this include mortgage insurance?
No. This page estimates the purchase split only. Mortgage insurance depends on loan program, down payment, and lender rules.