Downpayment Calculator | homegenius

    How long will it take to save for a downpayment and closing costs?

    Having a downpayment is often the biggest hurdle to homeownership. How long will it take to save for your desired downpayment amount? Use this tool to find out.
    Downpayment calculator
    Sale Price
    $
    Income
    $
    Annual Income Increase
    %
    Your Personal Tax Rate
    %
    Downpayment
    %
    Closing Costs (% of Price)
    %
    Amount Already Saved
    $
    Saving Rate of Monthly Income
    %
    Interest on Savings
    %
    The calculator is for informational purposes only and is not intended to provide legal or financial advice, or to reflect the actual terms and conditions of a loan. In no event shall we be liable for any direct, indirect, incidental, special, or consequential damages arising out of or in connection with your use of the calculator. Please note that financing may not be available for all scenarios. The advice of a professional should be consulted when buying a home or financing a mortgage loan.