Down Payment Calculator

Let’s learn how much cash you need to buy a home by estimating your down payment and closing costs.

Get The Lowdown On Down Payments

The Down Payment Myth

Many people think a down payment has to be 20% of the home price. But the average down payment is actually about 6%.
Read More About Down Payments

Help With Down Payments

If you meet income and credit requirements, you may be able to qualify for assistance with your down payment and closing costs.
Explore Down Payment Assistance

Additional Costs

When thinking about how much you need to put down on a house, remember that closing costs can be an additional 3% to 5% of the home price.
Read More About Closing Costs

Frequently Asked Questions

You can also get help from a Home Loan Expert.

Client will receive a closing credit of $1,000 on their Closing Disclosure when they lock their rate on a cash-out transaction. Offer valid between 12:01 a.m. ET on February 1, 2022, and 11:59 p.m. ET on February 14, 2022. This offer cannot be retroactively applied to previously closed loans. Offer does not apply to Charles Schwab loans, portfolio loans, team member loans, Amex, HLBP, team member referrals and applications from TPO team members. Rocket Mortgage reserves the right to cancel this offer at any time. Acceptance of this offer constitutes acceptance of these terms and conditions, which are subject to change at the sole discretion of Rocket Mortgage. Offer may not be redeemed for cash or credit. Offer is nontransferable. This is not a commitment to lend. Additional restrictions/conditions may apply. Offer not valid with any additional discounts or promotions.