Down Payment Calculator
Work out how much you need up front for a purchase, and what monthly payment remains on the rest.
Quick answer: enter your details below and click Calculate — your result appears instantly, right here in your browser. Nothing you enter is uploaded or stored.
D
Calculators
Enter your details below.
How to use
- Enter the purchase price and the down payment percentage.
- Enter the annual interest rate and the loan term in years.
- Press Calculate to see the down payment, loan amount and monthly payment.
About this tool
The down payment is a percentage of the purchase price, paid up front, and the remainder is borrowed. This calculator multiplies the price by your chosen percentage to get the down payment, subtracts it to get the loan, then applies the standard loan formula at your rate and term to estimate the monthly payment on that loan.
Frequently asked questions
What down payment percentage should I aim for?
There is no universal answer. A larger percentage lowers the loan and the monthly payment, but it also ties up cash you might need for other costs, so balance the two.
Is the down payment part of the loan?
No. It is paid up front from your own funds, and only the remaining price is borrowed and repaid with interest.