How long until you’ve saved your deposit?
Tell us the home you want, what you earn and what you can put away each month. We work out the real deposit, the true gap to what a lender will give you, and the date you reach it.
See how far away your first milestone is.
We’ll email you the day Steps opens and load these exact numbers into your new account, so your plan is ready to walk into.
Free. No account needed. The calculator updates live as you type.Your date
appears here.
Add the price of the home you want and your salary on the left. We’ll map the real deposit, then the month you reach it.
No generic 10% here. The moment your numbers are in, this is where your real deposit and move-in month land.
What a lender will give you.
Most lenders cap a mortgage at around 4.5 times your salary. That sets the ceiling on what you can borrow.
Your actual deposit.
The deposit is whatever’s left between that ceiling and the home you want, not a comforting, made-up 10%.
When you close it.
Divide the gap by what you save each month and you get a real month to count down to. Watch it move as you save more.