Down Payment Calculator

Calculate how long it will take to save for a down payment on your dream home.

Home Purchase Goal

Target Home Price

Price of home you want to buy

Down Payment

20% avoids PMI, 3.5% min for FHA

Your Savings

Current Savings

What you've saved so far

Monthly Savings

Amount you can save each month

Savings Interest Rate

APY on your savings account

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Savings Plan

Your path to homeownership

Target DateApril 2030

Time to Goal4.2 years

Down Payment Needed

Est. Closing Costs (3%)

Total Needed

Amount to Save

Interest Earned

Savings Breakdown