Estimate Your Down Payment For All Kinds of Property
Mortgage Down Payment Calculator
If the home price is known and down payment percentages is unknown, use the calculator below to calculate an estimate down payment, loan amount and monthly payment.
Results...
% of Down Payment | Down Payment | Loan Amount | Monthly Payment |
---|---|---|---|
0% | 0 | 200,000 | 926.23 |
1% | 2,000 | 198,000 | 916.97 |
3% | 6,000 | 194,000 | 898.44 |
5% | 10,000 | 190,000 | 879.92 |
10% | 20,000 | 180,000 | 833.61 |
15% | 30,000 | 170,000 | 787.3 |
20% | 40,000 | 160,000 | 740.98 |
Down Payment Definition, Examples
A down payment is the initial payment a borrower puts toward a purchase, and is usually a specified percentage of the total purchase price.
For example if the Home is valued at $100,000 and the loan is for $80,000, the down payment is $20,000 or 20%.