House Down Payment & PMI Calculator
Calculate your real estate down payment percentages and estimate Private Mortgage Insurance (PMI) costs. Plan your home purchase with accurate financial modeling.
Smart Real Estate Planning
Buying a house involves complex math. If you put down less than 20%, you will likely be hit with Private Mortgage Insurance (PMI) fees. This tool allows you to input a home's purchase price and dynamically adjust your down payment percentage to see exactly how much cash you need to close, and how it will affect your monthly loan burden.
Why Use Our Down Payment Calculator?
- Visual Math: Instantly see the dollar amount for 3.5%, 5%, 10%, and 20% down.
- Avoid PMI: Understand exactly how much cash is needed to avoid mortgage insurance.
- Financial Privacy: Your home buying budgets are processed entirely offline.
- Instant Updates: Adjust the home price and watch the requirements update in real-time.
How to Use the Down Payment Calculator
Enter the target Purchase Price of the home.
Enter your desired Down Payment percentage.
Click 'Calculate'.
Review the required cash amount and potential PMI implications.
Frequently Asked Questions
Private Mortgage Insurance (PMI) is an extra monthly fee lenders charge if your down payment is less than 20%, designed to protect the bank if you default.
No, this is a completely private, client-side calculator. Your budget data never leaves your device.
All file processing is performed locally in your web browser. We do not upload, store, or view your data.