Down Payment Calculator
Calculates your down payment and loan amount from home price and percent down.
Inputs
- Home price ($)
- Down payment (%)
Example
Down payment: $80,000
| Loan amount | $320,000 |
|---|---|
| PMI | Not required (≥ 20%) |
How it works
Conventional loans usually require PMI when the down payment is under 20%.
FAQ
How does the Down Payment Calculator work?
Calculates your down payment and loan amount from home price and percent down. Conventional loans usually require PMI when the down payment is under 20%.
Is the Down Payment Calculator free?
Yes — every calculator on Calcova is free and you can download the results to Excel.