ConverterHub

Down Payment Calculator

Find your down payment and loan amount.

How it is calculated

The down payment is the share of the purchase price you pay up front, and the remainder is what you need to borrow: down = price × percent ÷ 100 and loan = price − down. Price is a plain amount of money and percent is the down-payment rate between 0 and 100. A negative price, or a percentage below 0 or above 100, returns no result. The tool only splits the price; it does not add fees, taxes, insurance or interest, and the minimum down payment a lender requires depends on the country, the lender and the type of asset.

Worked example

Price 3,000,000 and a 20% down payment. Down payment: 3,000,000 × 20 ÷ 100 = $600,000.00. Remaining loan: 3,000,000 − 600,000 = $2,400,000.00. If the same price were bought with 30% down, the down payment would rise to 900,000 and the loan would fall to 2,100,000, so each extra 10 points moves 300,000 from the loan to your own cash.

Try this example →

Common mistakes

  • Typing the rate as a fraction (0.2) instead of a percentage (20): 0.2 would be read as 0.2%.
  • Treating the remaining loan as the full cost. Interest, fees and closing costs come on top and are not included.
  • Entering the amount already saved as the percent, or the percent as an amount.
  • Assuming the lender's minimum down payment is the same everywhere; it differs by country and by asset type.

About this calculator

This calculator takes a purchase price and a chosen down payment percentage and splits it into two figures: the actual cash down payment amount and the remaining balance that would need to be financed through a loan. It's a simple multiplication, but seeing both numbers side by side next to a real price makes an abstract percentage concrete before you commit to it.

It's used mainly by home and car buyers comparing how different down payment percentages — say 10% versus 20% — change both the upfront cash needed and the size of the loan (and therefore the monthly payment) they'll be taking on. Lenders commonly treat 20% as a threshold on mortgages, below which extra costs like private mortgage insurance often kick in, so buyers frequently use a calculator like this to see exactly what hitting or missing that threshold means in real currency.

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