Down Payment Savings Calculator
Calculate how long it will take to save for a home down payment based on monthly savings and investment returns.
Calculation Inputs
Calculation Results
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Enter inputs on the left and click Calculate to view results.
Formula & Methodology
FV = PV × (1+r)^n + PMT × ((1+r)^n − 1) / r
Projects savings growth using compound interest to reach your target down payment amount.
Frequently Asked Questions
How much down payment do I need?
20% avoids PMI. FHA loans allow 3.5%. Conventional loans allow 3-5% but require PMI below 20%.