Down Payment Percent

The down payment as a percentage of the purchase price.

Example Result

Sample Data

20.00%

Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.

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Down Payment Percent Formula

User Input (%)

User Input (%)

20.00%

Where to Find This Value

Here's where you can find the value for Down Payment Percent:

Lender Requirements

Your lender sets the minimum down payment (typically 15-25% for investment properties)

Loan Estimate

The Loan Estimate form shows the down payment percentage and dollar amount

Used to Calculate

Down Payment Percent is used as an input for these calculations:

Down Payment

Deal Analysis

$77,000

Platform Distribution

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Why It Matters

Down payment percentage is the primary control for your leverage ratio. At 20% down on a $400,000 property, you control $400,000 of real estate with $80,000 cash — 5:1 leverage. This amplifies returns when values rise but also amplifies losses. Going below 20% triggers PMI, adding to monthly costs.

Detailed Explanation

Down Payment Percent is the portion of the purchase price you pay in cash at closing, expressed as a percentage. Investment properties typically require 15–25% down, compared to 3–20% for primary residences. The percentage determines your loan amount, monthly payment, and initial equity position. A higher percentage means less leverage but lower risk and no PMI requirement.