Skip to main content
Loan Term
Closing Costs Percent
Single Input Debt Metrics

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.

See Your Own Properties

With the Rental Property Calculator, you can run this calculation against your own rental properties using your real numbers.

View Pricing Sign In

40-Year Projection Chart

Subscribe to explore how down payment percent evolves over a 480-month holding period.

View Pricing

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

Calculations That Use Down Payment Percent

Platform Distribution

Unlock Platform Benchmarks

See the average, median, and where your property ranks among other investors on the platform.

Unlock Rental Property Calculator

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.

Example

Sample Result
20.00%

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

Related Calculations

Extra Principal Payment

U

Additional principal payment made each month beyond the required mortgage payment to accelerate loan

Remaining Mortgage Balance

U

Current remaining principal balance on the mortgage based on the actual number of months since purch

$304,871 Example

Cumulative Principal Paydown

U

Total mortgage principal paid down over the actual ownership period.

Debt Service

2

Total annual mortgage payments.

$24,590 Example

Debt Service Coverage Ratio

2

Net Operating Income divided by annual debt service — measures ability to cover mortgage.

0.84x Example

Loan to Value Ratio

U

Loan amount as a percentage of property value.

76.88% Example

Run This Calculation on Your Property

Get instant results for all 207 calculations by entering your property details into the Rental Property Calculator.

View Pricing