Down payment
Purchase and down payment calculator
Enter a price and a percentage to see the down payment in dollars, the mortgage before any insurance premium, your estimated loan-to-value and how the figure compares with the federal minimum reference.
Runs entirely in your browser · Nothing is stored or submitted
Your numbers
Numbers only, from 0 to 100.
- Down payment amount
- $170,000
- Mortgage amount before any default-insurance premium
- $680,000
- Estimated loan-to-value
- 80.0%
- Federal minimum down-payment reference5% of the first $500,000 plus 10% of the portion above $500,000.
- $60,000
The down payment you entered meets the general federal minimum reference for this purchase price. Individual lenders may still apply their own requirements.
Plan for closing costs separately — a general planning reference of 1.5% to 4% of the purchase price works out to roughly $12,750 to $34,000 here. That is a planning range, not a quote.
Mortgage default insurance premiums and lender-specific requirements are not fully calculated here. Where a down payment is below 20%, an insurance premium generally applies and is usually added to the mortgage amount.
How this estimate was calculated
- Down payment amount = purchase price × percentage ÷ 100.
- Mortgage amount = purchase price − down payment, before any default-insurance premium.
- Estimated loan-to-value = mortgage amount ÷ purchase price × 100.
- Minimum down-payment reference: 5% up to $500,000; 5% of the first $500,000 plus 10% of the portion between $500,000 and $1.5 million; 20% at $1.5 million or more.
- Closing-cost planning range: 1.5% to 4% of the purchase price, used as a budgeting reference only.
- Insurance premiums, land transfer tax and lender-specific requirements are not calculated.
Assumptions last reviewed: September 2026
This article is general information only. It is not a mortgage approval, a rate quote, or individualized financial, tax or legal advice. Terms, availability and eligibility depend on the borrower, the property and the lender.