Down payment calculator
Calculator
The calculator needs JavaScript. The tables below give the same numbers for common cases.
How it is worked out
- Down payment = price × percent ÷ 100 = $350,000.00 × 20 ÷ 100 = $70,000.00.
- Loan = price − down payment = $280,000.00.
| Inputs | Answer |
|---|---|
| Home price: 350000; Down payment: 20 | A 20% down payment on $350,000.00 is $70,000.00, leaving a loan of $280,000.00. |
| Home price: 500000; Down payment: 10 | A 10% down payment on $500,000.00 is $50,000.00, leaving a loan of $450,000.00. |
| Home price: 275000; Down payment: 5 | A 5% down payment on $275,000.00 is $13,750.00, leaving a loan of $261,250.00. |
How to use it
Down payment = price × percent ÷ 100, and the loan is the price minus the down payment. 20% of a $350,000 home is $70,000, leaving a $280,000 loan. The table compares 5%, 10% and 20% down.
A larger down payment lowers the loan, the interest and often the cost of mortgage insurance, which depends on your lender and loan type.
Frequently asked questions
How much is 20% down on $350,000?
$70,000.
Does a bigger down payment lower the monthly payment?
Yes, because you borrow less.
Is 20% required?
Requirements differ by lender and loan type.
Method: standard arithmetic shown step by step; no outside data is used. Checked 2026-11-12.
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General information only. Results are plain arithmetic on the numbers you enter; check anything important (money, health, school work) against your own records or the official source.