Down Payment Calculator
Calculate your ideal down payment and understand how it affects your monthly payments
Calculate Your Down Payment
Home Price & Loan Type
$
%
Payment Breakdown
Down Payment Amount
$0
Loan Amount
$0
Estimated Monthly Payment
$0
PMI Required
No
Minimum Down Payments
Conventional3-20%
FHA Loan3.5%
VA Loan0%
Jumbo Loan10-20%
USDA Loan0%
Understanding Down Payments
20% Rule of Thumb
While 20% is often cited as ideal to avoid PMI, many buyers put down less. The right amount depends on your situation.
PMI Impact
Private Mortgage Insurance is typically required for conventional loans with less than 20% down.
Special Programs
Many first-time homebuyer programs offer down payment assistance or lower down payment requirements.