Down Payment Calculator: Calculate Your Down Payment

How far can your savings go to buy a house? Use NerdWallet’s free down payment calculator to find out.
Abby Badach Doyle
By Abby Badach Doyle 
Edited by Johanna Arnone Reviewed by Michelle Blackford

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.

You don’t need to put 20% down to buy a house. Some conventional loans require down payments as low as 3%. If you qualify for a USDA or VA loan, you can buy a house with no money down.

On the flipside, making a larger down payment lowers your monthly mortgage payment. Putting more money down can help you land a better interest rate, too. So how much should you put down on a house? Use NerdWallet’s free down payment calculator to find an amount that fits your budget.

Down payments: Quick tips and more resources

Saving for a down payment to buy a house can seem overwhelming, but small steps add up over time. Here’s a checklist of our best tips and other Nerdy resources to reach your money goals.

» MORE: Join NerdWallet to assess saving on your existing bills and help you reach your down payment goal faster.

Looking to buy a home? NerdWallet partners with highly-rated mortgage lenders to find you the best possible rates
Answer a few questions to match with your personalized offer
Won’t affect your credit score
Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.