Home Buying Calculator Suite - Plan Your Home Purchase

How to calculate home price?

Home Price = Available Cash ÷ (Down Payment % + Closing Costs %)

Example:

• Available Cash: $100000
• Down Payment: 20%
• Closing Costs: 3%

Home Price = $100000 ÷ (20% + 3%) = $434,782.61

How to calculate cash requirements?

Cash requirements = Home Price x (Down Payment % + Closing Costs %)

Example:

• Home Price: $500000
• Down Payment: 20%
• Closing Costs: 3%

Cash requirements = $500000 x (20% + 3%) = $115,000.00

How to Calculate a Down Payment Percentage?

Down Payment % = Available Cash ÷ Home Price - Closing Costs %)

Example:

• Available Cash: $100000
• Home Price: $500000
• Closing Costs: 3%

Down Payment % = $100000 ÷ $500000 - 3% = 17%

How Much Is a 20% Downpayment?

A 20% down payment is 20% of the home's purchase price.

For example, if the home costs $300,000: 20% x 300,000 = 0.20 x 300,000 = 60,000, So, the down payment would be $60,000.

These calculators provide estimates for planning purposes. Actual loan terms and costs may vary. Consult with a qualified mortgage professional for personalized advice.