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Deposit Savings Calculator

How long to save your deposit

About this calculator

The tool models your savings month by month with compounding: your balance grows at your return, plus each monthly contribution, until it hits the goal. It shows how long it takes and how much of it comes from interest.

Frequently asked

How much deposit do I need?

Commonly 20% of the price (to avoid LMI), plus stamp duty and other purchase costs. Adding those into your goal makes the timeline more realistic.

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