Earnest money by home price
Most buyers put down 1% to 3% of the purchase price as earnest money. This chart turns that into dollars for homes from $100,000 to $2 million. Pick a price to see every percentage, how the deposit is credited at closing, and the cash still due.
| Home price | 1% | 2% | 3% | 5% |
|---|---|---|---|---|
| $100,000 | $1,000 | $2,000 | $3,000 | $5,000 |
| $150,000 | $1,500 | $3,000 | $4,500 | $7,500 |
| $200,000 | $2,000 | $4,000 | $6,000 | $10,000 |
| $250,000 | $2,500 | $5,000 | $7,500 | $12,500 |
| $300,000 | $3,000 | $6,000 | $9,000 | $15,000 |
| $350,000 | $3,500 | $7,000 | $10,500 | $17,500 |
| $400,000 | $4,000 | $8,000 | $12,000 | $20,000 |
| $450,000 | $4,500 | $9,000 | $13,500 | $22,500 |
| $500,000 | $5,000 | $10,000 | $15,000 | $25,000 |
| $550,000 | $5,500 | $11,000 | $16,500 | $27,500 |
| $600,000 | $6,000 | $12,000 | $18,000 | $30,000 |
| $650,000 | $6,500 | $13,000 | $19,500 | $32,500 |
| $700,000 | $7,000 | $14,000 | $21,000 | $35,000 |
| $750,000 | $7,500 | $15,000 | $22,500 | $37,500 |
| $800,000 | $8,000 | $16,000 | $24,000 | $40,000 |
| $850,000 | $8,500 | $17,000 | $25,500 | $42,500 |
| $900,000 | $9,000 | $18,000 | $27,000 | $45,000 |
| $950,000 | $9,500 | $19,000 | $28,500 | $47,500 |
| $1,000,000 | $10,000 | $20,000 | $30,000 | $50,000 |
| $1,250,000 | $12,500 | $25,000 | $37,500 | $62,500 |
| $1,500,000 | $15,000 | $30,000 | $45,000 | $75,000 |
| $2,000,000 | $20,000 | $40,000 | $60,000 | $100,000 |
For a price between these, use the earnest money calculator. To start from the percent instead, see earnest money by percentage.