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Real Estate

Down Payment Calculator

How much deposit you need and when.

Enter your values

Enter the home price in $.

Enter the down payment in %.

Enter the already saved in $.

Enter the monthly saving in $.

Results update instantly as you type — no submit needed. Your values are remembered on this device, and the shareable link reopens the calculator with exactly these numbers.

Results
Down payment needed
$80,000.00
Still to save
$55,000.00
Months to reach it
37
Loan amount
$320,000.00
PMI likely?
No

Quick answer

A 20% down payment avoids mortgage insurance, but many loan programs allow 3–5% with PMI added to the payment.

At a glance

What it doesHow much deposit you need and when.
CategoryReal Estate
Inputs neededHome price, Down payment, Already saved, Monthly saving
Main outputDown payment needed
CostFree — no sign-up, no download

How to use the Down Payment Calculator

  1. 1Enter the target home price.
  2. 2Choose your down payment percentage.
  3. 3Enter savings so far and your monthly contribution.

Inputs explained

Home price($)
Enter the home price in $.
Down payment(%)
Enter the down payment in %.
Already saved($)
Enter the already saved in $.
Monthly saving($)
Enter the monthly saving in $.

Worked example

Using the values the calculator loads with:

Inputs

  • Home price400000 $
  • Down payment20 %
  • Already saved25000 $
  • Monthly saving1500 $

Results

  • Down payment needed$80,000.00
  • Still to save$55,000.00
  • Months to reach it37
  • Loan amount$320,000.00
  • PMI likely?No

Frequently asked questions

Is 20% required?

No. FHA allows 3.5% and many conventional loans allow 3%, with PMI.

Do closing costs come out of the down payment?

No, they are additional — budget 2–5% more.

What do I need to enter into the Down Payment Calculator?

Just 4 values: home price, down payment, already saved, monthly saving. Every field starts with a realistic example, so you can change one number at a time and watch the result update instantly.

How does the Down Payment Calculator work out the answer?

A 20% down payment avoids mortgage insurance, but many loan programs allow 3–5% with PMI added to the payment. The working is shown step by step so you can verify the result by hand.

Is the Down Payment Calculator free, and do I need an account?

It is completely free with no sign-up, no download and no usage limit. Everything is calculated in your browser, so the numbers you type never leave your device.

Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.