How to calculate a 20% down payment on a 700,000 home?
Take the purchase price and multiply by the percentage down.
How much down payment is required on a 700,000 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 |
$701,000 |
$24,535 |
$70,100 |
$140,200 |
$350,500 |
$702,000 |
$24,570 |
$70,200 |
$140,400 |
$351,000 |
$703,000 |
$24,605 |
$70,300 |
$140,600 |
$351,500 |
$704,000 |
$24,640 |
$70,400 |
$140,800 |
$352,000 |
$705,000 |
$24,675 |
$70,500 |
$141,000 |
$352,500 |
$706,000 |
$24,710 |
$70,600 |
$141,200 |
$353,000 |
$707,000 |
$24,745 |
$70,700 |
$141,400 |
$353,500 |
$708,000 |
$24,780 |
$70,800 |
$141,600 |
$354,000 |
$709,000 |
$24,815 |
$70,900 |
$141,800 |
$354,500 |
$710,000 |
$24,850 |
$71,000 |
$142,000 |
$355,000 |
$711,000 |
$24,885 |
$71,100 |
$142,200 |
$355,500 |
$712,000 |
$24,920 |
$71,200 |
$142,400 |
$356,000 |
$713,000 |
$24,955 |
$71,300 |
$142,600 |
$356,500 |
$714,000 |
$24,990 |
$71,400 |
$142,800 |
$357,000 |
$715,000 |
$25,025 |
$71,500 |
$143,000 |
$357,500 |
$716,000 |
$25,060 |
$71,600 |
$143,200 |
$358,000 |
$717,000 |
$25,095 |
$71,700 |
$143,400 |
$358,500 |
$718,000 |
$25,130 |
$71,800 |
$143,600 |
$359,000 |
$719,000 |
$25,165 |
$71,900 |
$143,800 |
$359,500 |
$720,000 |
$25,200 |
$72,000 |
$144,000 |
$360,000 |
$721,000 |
$25,235 |
$72,100 |
$144,200 |
$360,500 |
$722,000 |
$25,270 |
$72,200 |
$144,400 |
$361,000 |
$723,000 |
$25,305 |
$72,300 |
$144,600 |
$361,500 |
$724,000 |
$25,340 |
$72,400 |
$144,800 |
$362,000 |
$725,000 |
$25,375 |
$72,500 |
$145,000 |
$362,500 |