How much is a down payment on a house?
Answer
3%-20% of the home price depending on loan type ($9K-$60K on a $300K home)
Conventional loan: 3%-5% minimum ($9,000-$15,000 on a $300K home)FHA loan: 3.5% minimum ($10,500 on a $300K home)VA loan: 0% down for eligible veteransUSDA loan: 0% down for eligible rural areas20% down ($60,000 on $300K) avoids PMI and gets the best ratesLarger down payments reduce monthly payments and total interest paid
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How We Calculated This
Down Payment = Home Price x Down Payment Percentage
$300,000 home: 3% = $9,000, 5% = $15,000, 10% = $30,000, 20% = $60,000
Related Calculations
What is the monthly payment on a $100,000 mortgage at 5% for 15 years?$791/monthWhat is the monthly payment on a $100,000 mortgage at 5.25% for 15 years?$804/monthWhat is the monthly payment on a $100,000 mortgage at 5.5% for 15 years?$817/monthWhat is the monthly payment on a $100,000 mortgage at 5.75% for 15 years?$830/monthWhat is the monthly payment on a $100,000 mortgage at 6% for 15 years?$844/month
Calculated using verified formulas. Last updated March 2026.