Down Payment Calculator
See how much you need for a down payment (5%, 10%, 15%, or 20%), how long to save with your current and monthly savings, and estimated PMI if you put down less than 20%.
Down Payment Calculator
How Much Do You Need to Save?
Enter a home price and choose a down payment goal (5%, 10%, 15%, or 20%). Add your current savings and how much you can save each month, plus an expected return on savings (e.g. high-yield account). The calculator shows the down payment needed, how many months until you reach your goal, and estimated PMI costs if you put down less than 20%.
Home & Goal
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Savings
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Annual rate (e.g. high-yield savings ~4%)
Down Payment Summary
Down Payment Needed
$80,000
20% of $400,000
Months to Reach Goal
33 months
Saving $1,500/mo at 4% return
Down Payment Calculator Report
February 10, 2026
Inputs
Home Price: $400,000
Down Payment Goal: 20%
Current Savings: $25,000
Monthly Savings: $1,500
Expected Return: 4%
| DOWN PAYMENT SUMMARY | |
|---|---|
| Down Payment Needed | $80,000 |
| Shortfall | $55,000 |
| Months to Reach Goal | 33 months |
| Loan Amount (at goal) | $320,000 |
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