justyourcalculatorDown Payment Calculator
How your savings, down payment and closing costs fit together.
- 100% Free
- Instant Results
- No Sign Up
Down Payment Calculator
Home price, down payment or cash you need
Home price your cash covers
$304,348
$1,538.95 a month for housing
- Loan amount
- $243,478
- Down payment
- $60,870 (20%)
- Principal and interest
- $1,538.95
- Total monthly housing cost
- $1,538.95
- Estimated closing costs
- $9,130
- Cash needed at closingDown payment plus closing costs
- $70,000
Rate 6.5% fixed for 30 years. Taxes and insurance are estimates; lenders also look at your credit score, savings and job history.
- Principal and interest$1,539
More Financial Calculators
View all calculators- House Affordability CalculatorHow much house you can afford on your income
- Mortgage CalculatorMonthly payment with taxes, insurance and PMI
- FHA Loan CalculatorFHA payment with upfront and annual MIP
- Savings CalculatorHow your savings grow with deposits and interest
- Loan CalculatorPayments for amortized, deferred and bond-type loans
- Auto Loan CalculatorCar payment with tax, fees, trade-in and rebates
- Compound Interest CalculatorGrow a balance, or convert between compounding periods
- Retirement CalculatorHow much you need, how to save and what you can spend
- Income Tax CalculatorYour 2026 US federal income tax, refund or amount owed
- Calculators
- 204+
- Free to use
- 100%
- Results as you type
- Instant
How the down payment calculator works
The cash you need at closing is the down payment plus closing costs: cash = price × (down % + closing %). Rearranged, your savings cover a home price of cash / (down % + closing %).
Closing costs (lender fees, title, appraisal, prepaid taxes) usually run 2% to 5% of the price. A down payment under 20% on a conventional loan usually means paying PMI until you reach 20% equity.
Using and checking your result
Published by JustYourCalculator. Check the units and assumptions above, and compare a known example before relying on the output. Calculations use browser arithmetic and may round displayed values.
This is an educational estimate, not a lender quote, tax filing calculation or investment recommendation. Actual costs depend on current rules, fees and your circumstances. Verify important decisions with official sources and a qualified adviser.
Share links may contain your input values. Anyone with the URL can read them; avoid sharing sensitive personal or financial information.