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Down Payment Calculator

Compare down payment size with loan amount, cash to close, PMI status, and cash reserves.

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Calculator

Calculate down payment and reserve impact

Down payment is only useful if it leaves enough cash after closing.

Comparison

3%, 5%, 10%, and 20% down payments

A larger down payment can reduce PMI and loan size, but it can also drain emergency savings. Compare down payment size with cash reserves before deciding.

Related calculators

P1 calculator Mortgage Affordability Calculator

Check the purchase price against income, debt, taxes, insurance, and DTI.

 P0 calculator Mortgage Calculator With PMI

Estimate the full payment when the down payment is below 20%.

 P1 calculator PMI Calculator

Calculate the monthly PMI cost created by a smaller down payment.

 Cash reserve Emergency Fund Calculator

Measure how many months of essentials remain after closing cash is spent.

 Debt load Debt Calculators

Compare existing debt payments before committing more cash to a home purchase.