Down Payment Calculator

How long it takes to save a deposit, what it has to be, and how much mortgage insurance a small deposit costs.

Home price

Target deposit share

A fifth is the point where many lenders stop charging mortgage insurance.

Already saved for the deposit

Monthly saving

Annual interest on the savings

Alternative smaller deposit share

Compare what a smaller deposit would cost you.

Mortgage insurance rate

Per year on the loan amount. Check your lender or insurer for the real figure.

Reset

Free calculator by Calculators worked examples and methodology No account, nothing stored.