Down-Payment Calculator

How this calculator works

The calculator applies both entered percentages to the home price, then compares total estimated cash with current savings.

Change one assumption at a time to see which inputs have the greatest effect on the estimate.

Worked example

On a $300,000 home, 20% down is $60,000 before closing costs.

Limitations

CFPB notes that loan programs and lender requirements vary, and less than 20% down may involve mortgage insurance. Obtain actual cash-to-close disclosures. Editorial review is required before publication.

Review this educational estimate against current quotes, official information, and your own budget before making a financial decision.