Down Payment — Free Online Calculator
Plan your savings. Free down payment with instant results.
Last updated: 2026-06-01
Down Payment Planner
4.00 Lakh
50.00 Thousand
2.00 Thousand
Your Down Payment Plan
Down Payment Goal
$80,000
20% of home price
Current Progress
$50,000
63% complete
Still Needed
$30,000
38% remaining
Time to Goal
1y 2m
at current rate
No PMI Required!
With 20% down, you avoid private mortgage insurance.
Savings Growth Timeline
See how different down payment amounts affect your mortgage:
| Down % | Amount | Loan Amount | Monthly P&I | PMI/mo | Total Interest |
|---|---|---|---|---|---|
| 5% | $20,000 | $380,000 | $2,657 | $158 | $576,525 |
| 10% | $40,000 | $360,000 | $2,517 | $150 | $546,182 |
| 15% | $60,000 | $340,000 | $2,377 | $142 | $515,839 |
| 20%(No PMI) | $80,000 | $320,000 | $2,237 | - | $485,495 |
| 25% | $100,000 | $300,000 | $2,098 | - | $455,152 |
* Higher down payment = Less interest paid over the life of the loan
Ready to Calculate Your Mortgage?
Once you've saved your down payment, calculate your monthly mortgage costs.
Results are estimates for planning purposes only. Verify important financial or health decisions with a qualified professional.
Related guides
- How Much Down Payment Do You Need?
Down payment requirements by loan type, PMI rules, and savings math for conventional, FHA, and VA loans.
- How Much House Can You Afford? Complete Guide
Calculate your home buying budget with the 28/36 rule, understand DTI ratios, and find your true affordability.