Down payment calculator
Down payment and loan amount from the price and the percentage put down.
Fill in the fields and the result will appear here automatically.
A down payment splits the purchase price into an amount paid upfront and the amount left to fund. Enter either a share or the amount applied specifically to that price. The calculator has no lender minimum, buyer income or programme rules, so it cannot establish a sufficient deposit or loan approval. Closing expenses and reserves sit outside this price allocation.
How it works
Formula and logic
From share p, D = price × p/100. From amount D, p = 100D/price. Remaining amount = price − D. Share mode ignores the amount field; amount mode ignores the share field. Zero and 100% are arithmetic boundaries, not promises of available financing. No rate or loan term enters this split.
Example
Price 5,000,000 monetary units and share 20% give down payment 1,000,000 and remainder 4,000,000. An amount of 1,500,000 gives share 30% and remainder 3,500,000. At 0% the entire price remains; at 100% the remainder is zero. Savings 5,500,000 can fund price 5,000,000 plus reserve 500,000; the reserve is not entered as down payment.
Fields and units
- What is known — list option
- Purchase price — $
- Down payment, % — unitless
- Down payment applied to the price — $
How to use
- — Choose the known down-payment share or amount applied to the price.
- — Enter a positive price in the same currency as the contribution.
- — Use a share from 0 to 100%, or an amount from zero to the price.
- — Compare the share with your programme separately; exclude reserves and closing expenses from the price contribution.
Method and limitations
- Calculation method
- Formula and logic
- Data or methodology source
- CFPB, United States: separating down payment, closing expenses and reserves
- Limitation
- Arithmetic price allocation without loan rate, term, closing costs or affordability checks. One currency; no exchange rate or universal minimum deposit is specified.
FAQ
Does the down-payment split include the future loan rate?
No. It only allocates the price. Monthly instalments need a separate calculation using principal, rate, duration and repayment method.
How should savings be entered as a down-payment amount?
Enter only savings applied to the price. Compare the calculated share with a lender requirement you already know; that requirement is not an input here.
Why is the applied down payment capped at the purchase price?
The remainder must not become negative. Savings above the price are possible: retain the surplus for costs or reserves and enter only the price contribution.
Where do closing expenses belong beside the down payment?
Separately: applicable taxes, valuation, registration, insurance and fees. The mix depends on jurisdiction, programme and contract; no universal surcharge is supplied.
Does the calculated share prove a lender will approve the purchase?
No. The lender checks minimums, source of funds, income and other requirements. Borrowing the down payment creates another debt omitted from this price split.