Down Payment Calculator
What does a down payment actually look like in dollars?
"20% down" sounds like a rule. It isn't. Here's what a range of down payment levels looks like for a specific price.
Your scenario
What Your Savings Represents
0%
Your available cash$0
Common down payment levels at this price
3% down$0
3.5% down (typical FHA minimum)$0
5% down$0
10% down$0
20% down (avoids PMI)$0
This calculator provides estimates for educational purposes only and is not a loan approval, quote, or commitment to lend. Actual figures depend on your credit profile, final interest rate, property taxes, homeowners insurance, mortgage insurance, HOA dues, loan program, and other underwriting factors. Talk with Chad to get numbers specific to your situation.
Common Questions
FAQ
Do I really need 20% down?
No. Many buyers use significantly less — the tradeoff is usually mortgage insurance until you build more equity. See the Loan Options pages for specifics by program.
Next Step
Want to talk through what this means for you?
Numbers are a starting point. Let's turn them into a real plan.