Tool

Down Payment Required Calculator

See the real cash a first rental asks for up front — down payment, closing costs, and the cash you'll actually bring to the table.

Most first-timers fixate on the down payment and forget closing costs. Set your price and percentages below; the calculator shows your loan amount and total cash to close. Then read the warning — there are three more cash buckets it does not include.

How to read this tool

Adjust the inputs and the results update instantly. Every figure is an educational estimate — it does not reflect live interest rates, a payment quote, or a loan offer, and your real numbers will differ. Use it to build intuition, then verify with a licensed professional before you act.

This calculator is for educational estimates only. It does not display live rates or payment quotes and is not a loan offer. Verify all figures with a licensed professional.

Going the DSCR route?

When you're ready to compare investor-loan options, our data partner breaks down how DSCR loans actually qualify a rental using the property's own cash flow instead of your W-2.