Down Payment Calculator
Enter the home price and either your target loan-to-value ratio (e.g. 80%) or the down payment percentage. See the required down payment amount and loan amount. Useful when planning to buy.
Down payment & loan amount
Enter values to calculate.
How it works
Down payment = home price × (down payment % / 100) or home price − (home price × LTV). Loan amount = home price − down payment. Lenders often require private mortgage insurance (PMI) when LTV is above 80%.
When to use it
Use it to set a savings target, to see how a larger down payment affects your loan size, or to compare different LTV scenarios before applying for a mortgage.
Frequently asked questions
What is LTV?
Loan-to-value ratio: loan amount divided by home value. Below 80% often avoids PMI.
Is this for all loan types?
Yes. The math applies to conventional, FHA, and other first mortgages.