Down Payment Calculator
Solve home price, cash required, or down payment percentage including closing costs.
Include both the down payment and closing costs in the cash requirement.
Result
How to use this calculator
Include both the down payment and closing costs in the cash requirement. Enter amounts in the units shown, select the applicable options, and click Calculate. Use Reset to restore the starting values.
Calculation formula
Cash = house price × down payment fraction + closing costs.
Assumptions and accuracy
Review timing, rates, fees and result notes when comparing scenarios. Future returns and rates are assumptions rather than guaranteed outcomes. Monetary display follows the currency’s precision; intermediate calculations retain additional digits.
Choose what to calculate
House down payment and closing costs calculator
Calculate the cash needed for a home down payment and entered closing costs. Alternative modes solve home price or down payment percentage.
Related searches: Down payment calculator
Open this calculationUnderstanding this calculation
Calculate cash needed for a home purchase, a home price supported by cash, or the implied down-payment percentage. Include closing costs rather than spending the whole cash balance on the down payment.
Worked examples
Down payment plus closing costs on a 400,000 home
Illustrative inputs are specified in the steps below; the example link loads the complete settings. Unmentioned settings use the linked defaults.
- Down payment is 400,000 × 20% = 80,000; closing costs are 400,000 × 3% = 12,000. Total cash is 92,000.
Cash needed: 92,000 USD.
Try these inputsCommon questions
Are closing costs part of the down payment?
No. Both require cash, but only the down payment directly reduces the base purchase loan.
How much cash is needed for 20% down plus 3% closing costs?
Under those percentage assumptions the cash requirement is 23% of the purchase price, before any other reserves or expenses.
Scope and assumptions
Closing costs can be entered as dollars or a percentage. Emergency reserves, moving expenses and lender cash-reserve requirements are not inferred.
Sources
- Calculation methodology, rule versions and testing limitations
- Reference calculator for feature comparison (not a model-parity certification)
Calculation notes checked . Examples are mathematical checks under the stated assumptions.
Calculation methods and formulas
Home Price from Cash
Include both the down payment and closing costs in the cash requirement.
Cash = house price × down payment fraction + closing costs.
Cash Needed
Include both the down payment and closing costs in the cash requirement.
Cash = house price × down payment fraction + closing costs.
Down Payment Percentage
Include both the down payment and closing costs in the cash requirement.
Cash = house price × down payment fraction + closing costs.
See our calculation methodology and review status for data versions, rounding and validation limitations.