🔑
Down Payment Calculator
Calculate your down payment, loan amount and PMI impact.
Enter your details
Results
Down Payment
—
Loan Amount
—
PMI Note
—
How to use the Down Payment Calculator
Slide the down payment percentage to see the cash needed up front and whether you'll pay PMI.
Frequently Asked Questions
Private mortgage insurance protects the lender when you put down less than 20%. It typically costs 0.5–1% of the loan per year and drops off at 20% equity.
No — many loans allow 3–10% down. But 20% avoids PMI and gets you better rates.