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Financial Calculators from
Dinkytown.net

Financial Calculators ©1998-2015 KJE Computer Solutions, LLC









Your Down Payment Savings Goal is $10,000
Home down payment inputs:
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$0
$10k
$100k
$500k
1%
34%
67%
100%
$0
$1k
$10k
$100k
0%
4%
8%
12%
Please view the report to see detailed results in tabular form.
To reach your goal in 3 years, you need to save $276.71 each month
press spacebar to hide graph
[-]

Definitions

Purchase price of home
The total cost of the home you would like to purchase. Please keep in mind that the cost of buying a house is more than just the price of the house; there are fees associated with your mortgage which you will be provided once you are ready to buy.? For budgeting purposes, you should assume total fees equal approximately 1% of your loan.
Estimated Down payment
Typically down payments range from 5-20% of the purchase price.
Amount currently saved
Total you currently have saved for your new home.
Years to save
The number of years you wish to save.
Estimated Interest Rate on your savings account
This is the interest rate you are currently earning on your savings account. For the purposes of this calculator, taxation is not factored into the results.

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