Down Payment
Enter the home price and see different down payment scenarios.
Down payment amount
$0
Monthly payment: $0
Loan amount
$0
Monthly payment
$0
LTV ratio
0%
PMI needed?
No
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Home price ($) | $400,000 |
| Down payment (%) | 20% |
| Interest rate (%) | 6.5% |
| Result | Value |
|---|---|
| Down payment amount | $80,000 |
| Loan amount | $320,000 |
| Monthly payment | $2,023 |
| LTV ratio | 80.0% |
| PMI needed? | No |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Down Payment
- Home price ($) — default $400,000
- Down payment (%) — default 20%
- Interest rate (%) — default 6.5%
- Press Calculate to update the results instantly.