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Down Payment Calculator

$
Down Payment
$60,000.00

Formula

Down Payment = Price × Percentage ÷ 100

Multiply the purchase price by the down payment percentage to see how much cash you need upfront.

Frequently Asked Questions

How much is 20% down on $300K?
20% of $300,000 = $60,000 down payment, with a $240,000 loan.
What is the minimum down payment?
Conventional loans: 3-5%. FHA: 3.5%. VA/USDA: 0%. 20% avoids PMI.

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