Down payment
Down payment: use purchase price, down-payment percentage. Review the formula, worked example and calculation steps.
Inputs
Use the units shown—
Enter your values and select Calculate.
Formula & explanation
Down payment = price × percentage/100
Variables & units
- Purchase price
- currency · minimum 0, maximum 1000000000000
- Down-payment percentage
- % · minimum 0, maximum 100
Worked example
20% of a 250,000 purchase is 50,000 down, leaving 200,000 before fees.
Assumptions
Does not include closing costs, affordability or lending eligibility.
Formula version 1.0.0. JavaScript floating-point arithmetic applies. Results display up to 6 decimal places; stored values retain available precision. Use the units shown.
Practice with an example
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