Example 1 — Classic 20%
- Value: 400,000
- Down: 20%
Down 80,000
Loan 320,000
LTV 80%
Common mortgage starting point — less leverage than 10%.
Down payment (%)
From property value and a down-payment percent: cash needed, financed loan and implied LTV.
Educational estimate. Down payment = value × % (or a cash override). Loan = value − down. LTV = loan ÷ value. Complements the LTV calculator (there you start from a known loan). Amounts use the header currency.
Results
Enter data and click Calculate.
How results are calculated
Down payment = value × (% ÷ 100), or the cash override.
Loan = value − down. LTV = loan ÷ value × 100%.
Cash needed = down + optional closing costs (costs do not change LTV).
Not bank thresholds — use LTV when you already know the loan; use Mortgage instalment for the payment.
How to use
- Enter property value and planned down payment %.
- Optionally override with cash, set a target LTV, add closing costs, or compare a second %.
- Read down payment, loan, LTV and equity vs financed shares.
- Carry the loan into mortgage instalment or borrowing capacity.
Examples
Example 2 — 10% vs 80% LTV target
- Value: 350,000
- Down: 10%
- Target LTV 80%, costs 8,000, B: 20%
LTV 90% at 10%
Gap to 80% LTV + B comparison
Shows cash shortfall to a lower LTV and the B difference.
Example 3 — I know the cash
- Value: 500,000
- Down amount: 100,000
Effective 20%
Loan 400,000 · LTV 80%
Amount override — when you plan a fixed cash figure.
Down payment vs LTV – choose your starting point
- Use this calculator when you start from a down-payment % or amount and the property price – the result shows the required loan and the LTV.
- Use the Loan-to-value calculator when you already know the loan amount and the collateral value – you then compute LTV without recalculating the down payment.
- Neither of these calculators replaces a creditworthiness analysis – they describe the financing structure, not the bank’s decision.
Down payment tells you how much you contribute from your own funds, LTV tells you the lender’s share. Together they clarify your property financing plan.
FAQ
How is this different from the LTV calculator?
Here you start from property value and a down-payment percent (or cash amount) to get cash, loan and implied LTV. The LTV tool starts from a known loan amount and value.
How is LTV calculated?
LTV = loan ÷ property value × 100%, where loan = value − down payment.
Does a higher down payment always mean a better offer?
Often yes (lower LTV, less leverage), but lenders set their own rules — this is not a credit decision.
What is the amount override for?
When you know cash, not percent — enter the amount in Advanced; the effective percent and LTV update automatically.
What does target LTV do?
It shows how much down payment that LTV would require and the cash gap vs your plan. Bank thresholds may differ.
Do closing costs change LTV?
No. Optional costs only raise cash needed at purchase; LTV uses down payment vs property value.
How do I get to a mortgage payment?
Take the financed loan amount into the mortgage instalment or borrowing capacity calculator.
Where does currency come from?
From the page header — switching it reformats amounts.