Earnest Money Calculator

Calculate the right earnest money deposit for your home purchase. Determine the appropriate deposit amount based on property price and percentage.

Property Price ($)

Total purchase price of the property

Earnest Money Percentage (%)

% of property price

Show Calculation Breakdown

What is Earnest Money? A deposit you make to show the seller you're serious about buying the property. It’s commonly around 1%–5% of the purchase price, but the amount can vary.
Why is it needed? It shows good faith and helps secure the property while you complete inspections, financing, and other steps before closing.

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