Saving for a home loan deposit can be intimidating, especially for first time home buyers, but with some know how, advice and smart planning you can achieve your savings target.

Use our savings target calculator to work out how much you need to save on a weekly, fortnightly, or monthly basis to reach your goal. The results will also show when you will reach the savings target and the total interest accumulated.

Calculate how much you need to save to achieve the goal of owning your home today.

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The results from this calculator is an indication only. The results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you obtain independent legal and/or financial advice before taking out a loan.

Important information

These calculations do not take into account any fees and charges. The results provided by these calculators are an approximate guide only. These calculators, or the results generated, do not constitute any agreement by us to provide credit assistance. Applications are subject to normal lending guidelines.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate