How this calculator works
The required deposit is calculated from the target property price and desired loan-to-value ratio. Buying costs are added separately to create a broader cash target. Your current savings and monthly contributions are then compared with that target.
How to use it
- Enter the property price you are aiming for.
- Select the LTV you would like to target.
- Add an estimate for legal, survey, moving and other buying costs.
- Enter your existing savings and monthly contribution.
- Compare the cash gap and test how a different property price or LTV changes the plan.
Assumptions and limitations
This calculator does not automatically add Stamp Duty, LBTT or LTT because those depend on jurisdiction and buyer circumstances. Use the relevant property-tax calculator separately and include the result in buying costs where appropriate. Mortgage availability and pricing are lender-specific.