Down Payment Calculator
Work out your down payment amount, remaining loan balance, and loan-to-value ratio for a home purchase.
Down payment amount
$70,000.00
20%
Loan amount
$280,000.00
Loan-to-value (LTV) ratio
80%
Enter the home price and either a down payment percentage or a fixed amount to instantly see the down payment, the loan you'll need, and the loan-to-value (LTV) ratio lenders use. Runs entirely in your browser.
How to use
- Enter the home price and currency.
- Choose whether to enter the down payment as a percentage or a fixed amount.
- See the down payment, remaining loan amount, and LTV ratio.
Frequently asked questions
- What is loan-to-value (LTV) ratio?
- LTV is the loan amount divided by the home price, expressed as a percentage; lenders use it to assess risk.
- What down payment percentage is typical?
- Conventional loans often require 3–20% down, with 20% commonly avoiding private mortgage insurance (PMI).
- How is the loan amount calculated?
- Loan amount = home price − down payment amount, whether the down payment was entered as a percentage or a fixed amount.