Free calculator · No email walls

When will I have my down payment saved?

Give this tool your goal, what you've saved, and your monthly amount, and it hands back a month and year — a real date you can circle. It compounds your savings APY along the way, because a high-yield account automated on payday is the entire strategy. And remember: with FHA from ~3.5% down, 3–5% conventional programs, gift funds, and down payment assistance, your goal may be smaller than you think.

Down payment savings timeline

Turn "someday" into a date on the calendar.

Your target date
—

Months to goal—
Interest earned along the way—

Tip: a high-yield savings account, automated on payday, is the whole strategy. Boring wins.

Educational estimate, not a loan offer or financial advice. Rates, taxes, and program rules vary — a licensed professional can turn these ranges into real numbers for your situation.

Want a human to look at your numbers? BuyerMath is built by Gavin Guthrie of The Mortgage Collective — a free 15-minute "where do I stand?" call costs nothing and isn't a test you can fail.

Explore BuyerMath →