Company Marketcap

Home Buyer Savings Calculator

Enter your home and savings plan

The home you want

$
%
%

Buyer costs as a % of the price, often 2% to 5%.

%

How fast prices in your area may rise while you save. Use 0 to keep today’s price.

Your savings

$
%
yrs
$

Used to find the earliest date you could buy.

Your savings target

Monthly saving needed

–

Cash needed at purchase

–

Added by rising prices

–

Earliest purchase at your saving rate

–

At purchase

Home price then–
Down payment–
Closing costs–
What you have saved grows to–
Your monthly deposits add–
Of which interest on savings–

Year-by-year savings vs the target

The cash you would need if you bought at the end of each year, against your savings on the plan that meets your date and at the monthly amount you can save now.

YearHome priceCash neededSavings on the needed planSavings at your monthly amountShort by (your amount)

Results are estimates for educational purposes and are not financial, tax or legal advice.

Work out the monthly saving that covers your down payment and closing costs by the date you want to buy, allowing for home prices rising while you save, and see the earliest date your current saving rate gets you there. Pair this with the house affordability calculator for a fuller picture before you make a decision.