How to calculate a 20% down payment on a 550,000 home?
Take the purchase price and multiply by the percentage down.
How much down payment is required on a 550,000 home?
A 20% down payment is standard. However, there are many loan programs such as FHA loans that only require 3.5% and VA loans that often require no down payment. PMI is often required with a lower down payment.
More Home Prices
Home Price |
3.5% Down |
10% Down |
20% Down |
50% Down |
$551,000 |
$19,285 |
$55,100 |
$110,200 |
$275,500 |
$552,000 |
$19,320 |
$55,200 |
$110,400 |
$276,000 |
$553,000 |
$19,355 |
$55,300 |
$110,600 |
$276,500 |
$554,000 |
$19,390 |
$55,400 |
$110,800 |
$277,000 |
$555,000 |
$19,425 |
$55,500 |
$111,000 |
$277,500 |
$556,000 |
$19,460 |
$55,600 |
$111,200 |
$278,000 |
$557,000 |
$19,495 |
$55,700 |
$111,400 |
$278,500 |
$558,000 |
$19,530 |
$55,800 |
$111,600 |
$279,000 |
$559,000 |
$19,565 |
$55,900 |
$111,800 |
$279,500 |
$560,000 |
$19,600 |
$56,000 |
$112,000 |
$280,000 |
$561,000 |
$19,635 |
$56,100 |
$112,200 |
$280,500 |
$562,000 |
$19,670 |
$56,200 |
$112,400 |
$281,000 |
$563,000 |
$19,705 |
$56,300 |
$112,600 |
$281,500 |
$564,000 |
$19,740 |
$56,400 |
$112,800 |
$282,000 |
$565,000 |
$19,775 |
$56,500 |
$113,000 |
$282,500 |
$566,000 |
$19,810 |
$56,600 |
$113,200 |
$283,000 |
$567,000 |
$19,845 |
$56,700 |
$113,400 |
$283,500 |
$568,000 |
$19,880 |
$56,800 |
$113,600 |
$284,000 |
$569,000 |
$19,915 |
$56,900 |
$113,800 |
$284,500 |
$570,000 |
$19,950 |
$57,000 |
$114,000 |
$285,000 |
$571,000 |
$19,985 |
$57,100 |
$114,200 |
$285,500 |
$572,000 |
$20,020 |
$57,200 |
$114,400 |
$286,000 |
$573,000 |
$20,055 |
$57,300 |
$114,600 |
$286,500 |
$574,000 |
$20,090 |
$57,400 |
$114,800 |
$287,000 |
$575,000 |
$20,125 |
$57,500 |
$115,000 |
$287,500 |