How to calculate a 20% down payment on a 975,000 home?
Take the purchase price and multiply by the percentage down.
How much down payment is required on a 975,000 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 |
$976,000 |
$34,160 |
$97,600 |
$195,200 |
$488,000 |
$977,000 |
$34,195 |
$97,700 |
$195,400 |
$488,500 |
$978,000 |
$34,230 |
$97,800 |
$195,600 |
$489,000 |
$979,000 |
$34,265 |
$97,900 |
$195,800 |
$489,500 |
$980,000 |
$34,300 |
$98,000 |
$196,000 |
$490,000 |
$981,000 |
$34,335 |
$98,100 |
$196,200 |
$490,500 |
$982,000 |
$34,370 |
$98,200 |
$196,400 |
$491,000 |
$983,000 |
$34,405 |
$98,300 |
$196,600 |
$491,500 |
$984,000 |
$34,440 |
$98,400 |
$196,800 |
$492,000 |
$985,000 |
$34,475 |
$98,500 |
$197,000 |
$492,500 |
$986,000 |
$34,510 |
$98,600 |
$197,200 |
$493,000 |
$987,000 |
$34,545 |
$98,700 |
$197,400 |
$493,500 |
$988,000 |
$34,580 |
$98,800 |
$197,600 |
$494,000 |
$989,000 |
$34,615 |
$98,900 |
$197,800 |
$494,500 |
$990,000 |
$34,650 |
$99,000 |
$198,000 |
$495,000 |
$991,000 |
$34,685 |
$99,100 |
$198,200 |
$495,500 |
$992,000 |
$34,720 |
$99,200 |
$198,400 |
$496,000 |
$993,000 |
$34,755 |
$99,300 |
$198,600 |
$496,500 |
$994,000 |
$34,790 |
$99,400 |
$198,800 |
$497,000 |
$995,000 |
$34,825 |
$99,500 |
$199,000 |
$497,500 |
$996,000 |
$34,860 |
$99,600 |
$199,200 |
$498,000 |
$997,000 |
$34,895 |
$99,700 |
$199,400 |
$498,500 |
$998,000 |
$34,930 |
$99,800 |
$199,600 |
$499,000 |
$999,000 |
$34,965 |
$99,900 |
$199,800 |
$499,500 |
$1,000,000 |
$35,000 |
$100,000 |
$200,000 |
$500,000 |