Down Payment CalculatorFree online financial calculator — instant results, no sign-up

Down Payment = Home Price × (Down Payment % / 100)
Closing Costs = Home Price × (Closing Costs % / 100)
Cash Needed = Home Price × ((Down Payment % + Closing Costs %) / 100)
Loan Amount = Home Price × (1 − (Down Payment % / 100))

• Home PriceAgreed purchase price of the home in dollars
• Down Payment %Percentage of the purchase price paid as equity upfront
• Closing Costs %Estimated percentage of the purchase price needed for settlement and administrative fees
• Cash NeededTotal liquid cash required at closing (down payment plus closing costs)
• Loan AmountThe principal mortgage balance remaining after subtracting the down payment

The tool computes the down payment and closing costs by multiplying the home price by their respective percentages divided by 100. It sums those two figures to determine the total cash needed at closing. The loan amount is determined by subtracting the down payment percentage from 100% and multiplying by the purchase price.

These are the calculator's starting values and the results it actually produces for them.

1. 1Enter the agreed or target home purchase price.
2. 2Input your planned down payment percentage.
3. 3Enter the expected closing cost percentage charged by lenders and local authorities.
4. 4Review the resulting down payment, estimated closing costs, total cash required at settlement, and total mortgage loan size.

Further reading

• CFPB