Home Down Payment Savings Planner
Enter your target home price, down payment percentage, and what you've already saved. We'll show your dollar goal, how long it'll take at your current savings rate, and what you'd need to save monthly to hit a timeline you pick.
Your plan
Your results
How this is calculated
Down payment goal = target price × down payment %. Still needed = goal − current savings (floored at $0). Months to goal at your current rate = still needed ÷ monthly savings capacity. Needed monthly for a chosen timeline = still needed ÷ the number of months on the slider. This doesn't account for interest earned on savings or changes to the home price while you save.
Keep the down payment fund separate and liquid
Since you'll need this money on a specific timeline, keep it in a high-yield savings account or similarly liquid, low-risk vehicle rather than investing it in the market, where a downturn right before closing could set you back.