This savings calculator gives you a quick way to work out how much you need to set aside each pay cycle in order to save enough for your home loan deposit, the costs of buying a home, or any other financial goal you set.
When you know your borrowing power, you can decide how much you want to spend on your home purchase, and use this figure to estimate your home buying costs and how much you'll need for a deposit.
Remember, having a larger deposit will give you a broader choice of mortgage products and home loan lenders. To find out what your options are, based on your personal financial circumstances, book a consultation with one of our brokers by calling 1300 366 287 or fill out an online pre-approval form.