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Earnest Money Calculator
Typical earnest money deposit on a home purchase.
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Earnest money deposit
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Typical earnest money deposit on a home purchase.
Earnest Money Estimator
Enter your numbers below for an instant estimate.
0
💡 Tip: Earnest money = price x rate.
How It Works
Key concepts behind this calculator
1
Enter Values
Fill in each field with your own numbers.
2
Calculate
Results update as you change the inputs.
3
Review
Read the breakdown and the explanation.
4
Adjust
Change values to compare scenarios.
Quick Reference Guide
Earnest Quick Guide
Typical values for reference.
| Price | Rate % | Deposit | Deposit |
|---|---|---|---|
| 300000 | 2 | £6,000.00 | £6,000.00 |
| 150000 | 1 | £1,500.00 | £1,500.00 |
| 500000 | 3 | £15,000.00 | £15,000.00 |
| 750000 | 2 | £15,000.00 | £15,000.00 |
| Rule of Thumb | Check inputs | Use as a guide | Round sensibly |
Common Questions
Earnest Money Calculator FAQ
Answers to common questions about this calculator.
A deposit showing you are serious about a purchase.
1 to 3 percent of the price.
Depends on contract contingencies.
No.