Down Payment Calculator
See exactly how much you need to put down — including PMI thresholds, closing costs, and your savings timeline.
Down Payment
$80,000
80% LTV loan
Loan Amount
$320,000
financed
Closing Costs
$12,000
estimated upfront
Total Cash Needed
$92,000
down + closing
No PMI required
With 20% or more down, no Private Mortgage Insurance is required — saving you ongoing monthly costs.
Savings Timeline
Still need to save$72,000
At current pace6yr
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Down Payment Calculator results are estimates for educational and informational purposes only and do not constitute financial, tax, or legal advice. Actual outcomes will vary based on your individual circumstances. LoanPal is not a licensed financial advisor. Read full disclaimer. Consult a qualified professional before making financial decisions.