CalcYard / Mortgages & Lending

Down Payment Calculator

Example: Home price: $400,000 · Down payment: 20% → Down payment needed: $80,000.

  • Loan amount: $320,000
  • 3.5% (FHA minimum): $14,000
  • 5% option: $20,000

Often used together: people running these numbers usually also estimate your mortgage affordability, check your mortgage, compare your PMI, project your closing cost, work out your mortgage amortization and size up your extra payment.

Frequently asked questions

How do I calculate down payment?
Enter your numbers above and the result updates instantly. For example: Home price: $400,000 · Down payment: 20% → Down payment needed: $80,000.

Is this Down Payment Calculator free?
Yes — completely free with no sign-up or paywall. It runs entirely in your browser and keeps working offline; the numbers you enter never leave your device.

How accurate is it?
It uses the standard published formula for down payment. Results are estimates for planning — not financial, tax, medical, engineering, or legal advice.

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