Finance
Down Payment Amount
Down payment from price and percent.
Formula
Formula
DP = price · percent100
Variables
| Symbol | Definition | Type & range | Units | Role |
|---|---|---|---|---|
| price | purchase price | computed result | — | result |
| percent | down payment percent | computed result | — | result |
Try it yourself
Interactive calculator
Worked examples
Example 1
Givenprice = 300000, down (%) = 20
Result60000
Example 2
Givenprice = 25000, down (%) = 10
Result2500